COST Daily - potential Inverse Head & Shoulder
COSTCO daily seems to be forming Inverse Head and Shoulder Pattern.
I think we either base at 555 or 550 at the minimum to complete the right shoulder and head towards 570.
Costco reports Earnings on 26th September.
Inverse H&S valid as long as we hold 550 on the daily. If we lose 550, cut the trade and will re-enter again if it goes above 550.
I think we either base at 555 or 550 at the minimum to complete the right shoulder and head towards 570.
Costco reports Earnings on 26th September.
Inverse H&S valid as long as we hold 550 on the daily. If we lose 550, cut the trade and will re-enter again if it goes above 550.
Catatan
made day high of 369. I had to lock 30% gains on the OCT Monthlies 570c due to FOMC. looking back, glad I did close before FOMC
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If you like my work and would like to appreciate, then give me a follow me on X (formerly Twitter)
x.com/adkis7
x.com/adkis7
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.