Trader_Joe_Lee

COST Daily Bullish bat pattern

Long
NASDAQ:COST   Costco Wholesale
It's been a while since I posted COST idea last time as it didn't really give any great daily set-up.
In terms of this daily bat, the pivot isn't the perfect one as it didn't make new high afterwards, so a nice reversal sign near 178 is necessary for this trade!
I like to turn to retail consumers sector when it comes to market fluctuation, it won't hurt as much when the market pulls back and it can follow the market's rally.

Let's see how it goes!

Disclaimer

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.