Looks like a blow off top here! I give it from here to $250 as the tap out point for longers.
- Costco ascending wedge is bearish
- Price is on resistance of ascending wedge
- Price candle body far outside daily upper bollinger band
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.