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Costco Trading Analysis (04/10/2024)

04.10.2024

Market Review

The trend is ascending. The stock is trading in the range between 365 and 135 ЕМА. The downward inner truncated wave structure has finished. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator is out of the oversold condition.

Trading idea:

Buy on the breach of 880.90.
Stop-loss at 866.90.
Ptice targets at 895.50 and 918.50.

#costco #stock #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor

Author: GC

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