Short COST off daily

BATS:COST   Costco Wholesale Corporation
Costco has just formed first deep PB at EMA 20 in a strong bear trend and a nice reversal bar (although a bit doji ) at .382 level.

If triggers below 100.3 - should go all the way down to 98 area (roughtly .618 fib level) - safe TP is 98.5, stop is at 101.0

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.