Alternative Bat/WThe bearish Alternative Bat should land close to the 1.113 fib level.
The last leg of a BAT should land around the .886.
The Bearish version looks like a crooked W and the Bullish version looks like a crooked M. In the bearish version, valley 2 is higher than valley 1.
The W was preceded by what appears to be a Bullish Cypher which should terminate close to the .786. Peak 2 is higher than peak 1 in both the Bullish Cypher and the Bullish Shark.
Steep rise on weekly so lots of buyers in this one.
Percentages listed are possible pull back targets and are percentages of the entire trend up from a low of 307. High is 612.27. 3 year low is 223.05.
Long term DMAs still in sync with an uptrend. The Alligator which is comprised on shorter term moving averages is just now trying to point down.
Many are very bullish on COST and short percent is very low and is less than 1%.
No recommendation. I am watching this one for a much deeper pull back.