Costco Wholesale Corp. (NASDAQ) Analysis, Chart, and Trading Idea
#COST
The trend is descending. The stock is trading in the range between 365 and 135 EMA. The ascending wave structure is truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought state.
Trading idea:
Buy at the formation of the downward wave …