aristocks

$COST Looking bullish

Long
aristocks Updated   
NASDAQ:COST   Costco Wholesale
Again reaching the resistance level around 315$

I see three scenarios IMO:

1. It will form a small cup and handle pattern and move higher.

2. It will break through resistance level, move higher and use the old resistance as new support.

3. It will be rejected by the resistance and will go back to re-test support level at 295$
Trade closed: target reached:
Got to my target!

Great trade! Need now more research to see where this is going!

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