AlexColeUSA

COST

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NASDAQ:COST   Costco Wholesale
Update. Took out previous high on price, but maintained the bearish divergence on the daily. Daily RSI has not broken down yet but looks like it may be pulling back in the coming days. Daily MACD crossed and is back testing right now. Weekly RSI could breakout or fake out. Weekly MACD around the 0 line. Most likely will push lower to continue the price line trend since COVID and then break out into mid 23'. Could be a good short in the coming days if daily RSI is broken and weekly RSI starts to pull back.
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