Costco Wholesale
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COST Short and Long

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I am bearish on Cost for now until we get into major support below. I wont be buying until the $500 to $350. I cant see the future and we might blow through this resistance and go higher, but I would love to get long in the next year or two if we ever see a retrace down. Short play for now.

$758 would be my target for shorts and a very bullish entry. Confluence between my fib method and it is an untested level.
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I didnt take this short. Was profitable for a month and they pumped it.

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