Costco Wholesale Corp., Elliott Wave Technical AnalysisCostco Wholesale Corp., (COST): 4h Chart 1 November 23COST Stock Market Analysis: We have been looking for upside continuation after the completion of the triangle in wave (4). At this stage we have been forecasting a flat correction into wave 2, confirming the overall upside trend.COST Elliott Wave Count: Wave {c} of 2. COST Technical Indicators: 200EMA as support. COST Trading Strategy: Looking for longs into wave 3 with invalidation at 477$. 
Costco Wholesale Corp., COST: 1-hour Chart 1 November 23Costco Wholesale Corp., Elliott Wave Technical Analysis
COST Stock Market Analysis: It looks like we have had a five wave move into wave {c} as you can see on the chart. We reacted strongly and we are trying to find support on the 550$. Looking for upside confirmation into wave {i}. COST Elliott Wave count: Wave (i) of {i}.COST Technical Indicators: 20EMA as support.COST Trading Strategy: Looking for longs into wave {i} after a clear five wave move. .thumb.png.73a3c159b81a3b363f153079bbf5e154.png)
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