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COST: bouncing on its 200-day

Long
Costco Wholesale (NASDAQ:COST)  
Peet_Serfontein  
NASDAQ:COST   Costco Wholesale
Trend Analysis Technical Indicators Chart Patterns
2
0
trendanalysis indicator chartpattern
A price action above 500 supports a bullish trend direction.
Further bullish confirmation for a break above 512.00.
The target price is set at 523.00.
The stop-loss price is set at 493.00.
The price action remains above its 200-day simple moving average. Supporting a bullish trend direction.
Start of upside price momentum also applicable.
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