Costco Wholesale Corp.(COST:NASDAQ) Elliott Wave Technical Analysis 11 December 23
@TradingLounge:
Costco Wholesale Corp., Elliott Wave Technical Analysis Costco Wholesale Corp., (COST:NASDAQ): 4h Chart 11 December 23 COST Stock Market Analysis: We have been monitoring the upside in Costco as we seemed to have a group of waves 1-2 nesting. We are now looking at a count that suggests Minute wave {ii} is in place and we are now waiting for a pullback in wave (ii) to then look for longs. COST Elliott Wave Count: Wave (i) of {iii}. COST Technical Indicators: Above all averages. COST Trading Strategy: Looking for longs after a pullback in wave (ii). TradingLounge Analyst: Alessio Barretta Source : Tradinglounge.com get trial here! Costco Wholesale Corp., COST: 1-hour Chart 11 December 23 Costco Wholesale Corp., Elliott Wave Technical Analysis COST Stock Market Analysis: Looking