COST Weekly Analysis: Shooting Star Pattern Signals Potential Reversal

$Costco(COST)$ Sometimes shooting stars have not an immediate effect, they can be followed by a last fake out before the reversal actually happens.

Costco, a non tech giant has respected the reversal pattern, last week price caught up with the latest shooting star with high weekly volume validating a southbound move.

Weekly RSI declined from 82.6.

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https://x.com/SmartReversals/status/1812142631419302046

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