CostCo Breaks Long-Term Trend but Support Is Near at 300
Mixed results last night have accelerated the downtrend for CostCo and the stock has broken the long-term trend to the downside.
Support is likely at $300 which is also the 100d-EMA
If it breaks that, then its a long way down to intercept the old pre-2018 trend.
Support is likely at $300 which is also the 100d-EMA
If it breaks that, then its a long way down to intercept the old pre-2018 trend.