Peet_Serfontein

COST: bouncing on its 200-day

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NASDAQ:COST   Costco Wholesale
A price action above 500 supports a bullish trend direction.
Further bullish confirmation for a break above 512.00.
The target price is set at 523.00.
The stop-loss price is set at 493.00.
The price action remains above its 200-day simple moving average. Supporting a bullish trend direction.
Start of upside price momentum also applicable.

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