COST breakout from falling wedge?
COST has a beautiful falling wedge and I am looking for a break up of the trendline as well as 365.76. I have highlighted two potential paths there in pink and orange. This projection will be invalidated if it falls out of the wedge. 357.14 is a very key level to see a bounce as a break of that support likely means this projection has been invalidated. Time frame is looking to be no more than one week, though it could extend slightly beyond.
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