COST dead cat bounce nearing the end
Actualizado
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.
Nota
I am still too bias on the bear side of the market. Should have seen a decent cup and handle here. My problem.Nota
Looks like I got caught in the bull trap lol. Breaking down now. Can see 475 again next week.
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