COST at top of trend channel
COST Is trading at the top end of a channel which has developed over recent weeks. Although it's not apparent long term on this chart (no Trading View stock data on a monthly level long term?), it's also trending at the top of a long term channel.
The wave chart appears to have completed a correction at about 183.00 , and is currently at the top side of the first rise. I expect an imminent correction back to the 187.00 level (approx), before a rise to 197.00 area.
The wave chart appears to have completed a correction at about 183.00 , and is currently at the top side of the first rise. I expect an imminent correction back to the 187.00 level (approx), before a rise to 197.00 area.
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