alexp
Short

Short COST off daily

BATS:COST   COSTCO WHOLESALE CORP
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Costco has just formed first deep PB at EMA 20 in a strong bear trend and a nice reversal bar (although a bit doji ) at .382 level.

If triggers below 100.3 - should go all the way down to 98 area (roughtly .618 fib level) - safe TP is 98.5, stop is at 101.0

Comments

Stopped out, but the target was only 35c away
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Followed.
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Followed.
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