COST show a relatively high level of large-scale triangular
This chart shows the weekly candle chart of Costco's stocks over the past year. The top to bottom golden section at the beginning of 2022 is superimposed in the figure. As shown in the figure, Costco's stock peaked in April 2022, plummeted, and began to strengthen in May 2022, showing a relatively...
530.5 is an important level for Costco. This level coincides with 34 EMA.
If the stock crosses this level, then we can go long with a target of 543.
If the stock is not able to cross this level, then I would go short with target of 510
