Costco retracement and bounce
Looks like it retraced a small amount and will continue to bounce upward towards original Fib price target $289. RSI had sharp downward adjustment and has room to increase along with MACD. Looks setup to at least retest previous highs as resistance and go towards $289.
Disclaimer
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.