$COST Caution Diamond top on Costco

Yesterdays earnings did not bring a great reaction , the stock has been struggling to find any upward traction for some time.
The chart is now looking very much like a Diamond Reversal Pattern has formed which would signal a major top has made by the stock.
$293 is a crucial level to hold with $317 as upside resistance
Teh companies high valuation may become more of a concern if value investing comes back to the forefront