COST dead cat bounce nearing the end

2022年2月7日

COST bounced nicely off oversold zone but now seems to be stalling. Volume profile at 527 is proving difficult to get past. Level to watch is a close below 514. Will quickly see it retest its breakout zone at 495. Will have to wait to see what it does at 495 if we get there.

2022年2月9日

註釋

I am still too bias on the bear side of the market. Should have seen a decent cup and handle here. My problem.

2022年2月12日

註釋

Looks like I got caught in the bull trap lol. Breaking down now. Can see 475 again next week.