$COST TOP 20
Added 2023-05-28 19:07:48 +0000 UTCBig week coming up for $COST, I am seeing some people take the top trend line from the ATH, but that does not line up with 4 of the previous highs, so I am happy with our wedge.
The chart either way remains the same, a break above and the targets above are as shown, a break down and we are looking at the bear case and buy zone.
It missed on both earnings and revenue in its report on Thursday and bounced well the following day, going above the 50 and 200 Day MA too.
The big test is next breaking above the wedge and holding, if it can do this, the upside potential is about 25% from its current position.
