COST Daily - potential Inverse Head & Shoulder

19 בספט׳ 2023

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.

21 בספט׳ 2023

הערה

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