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FiboTrader1
Mar 15, 2023 6:46 PM

COST: Doubling Down on Puts Short

Costco Wholesale CorporationNASDAQ

Description

Found more opportunity to buy puts on COST today as the price started edging closer to the 20 SMA. Still expecting a flush in equities in the coming weeks, so looking at 450 as my price target and an eventual breakthrough to the downside of the descending triangle.
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