COST looks exhausted here. If you look on the weekly we got a big spike up that then closed under resistance which is usually a pretty good bearish signal.I think
COST will start it's way down to the ~$400 support levels over the next year (by the end of 2025).However, I think in the short term it's likely that we'll bounce at $761 or $667 support levels.
Let's see how the move plays out.
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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.