That was a whirlwind day for $COST, earnings were released yesterday and it was a beat but just barely, the After hours activity and PM today were not great and at the opening today, this fell down to $544, that has all been recovered now and it is up 2.3% right now at $565.
There is still a double top showing at the $570 level so until this level is broken, there is still a possibility that this can go lower to the White Fib levels below, a break out above and onwards to Wave 3 as shown.
That is the thing about $COST, whenever there is any pull back, it is bought extremely fast, the boomers love this.