$COST has given us the pull back we have been waiting for, on the daily chart we can see that Subwave A of Wave 2 looks complete and the price is working its way through Subwave B of Wave 2 now....final pull back, Subwave C to complete Wave 2, we are being conservative and looking at the 0.38 Fib at $510, this would be the higher limit of Wave 2 zone....I have selected this level because is looking very good here for more upside and I do not think people should be waiting for the wedge line before entering, it seems like the obvious area to aim for to find support and bounce but for me, it looks to obvious.
If you are waiting to enter here, $510 at the latest looks like a good area.