Greetings All,
COST, along with Home Depot (HD) have been on a tear lately. However, targeting the reversion to mean principle, I expect COST to retrace to the 50MA around $355. There is also bearish RSI divergence on the daily chart.
Happy Trading !
COST, along with Home Depot (HD) have been on a tear lately. However, targeting the reversion to mean principle, I expect COST to retrace to the 50MA around $355. There is also bearish RSI divergence on the daily chart.
Happy Trading !
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.