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Is This the Time to Buy Costco?

·1 min read
Is This the Time to Buy Costco?
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Costco Wholesale saw its share price plunge sharply in the past six weeks. Have prices reached a level or area where some farsighted investors see an opportunity? In this daily Japanese candlestick chart of COST, below, we can see a falling window (gap) and large red (bearish) candle before today's spinning top pattern where bulls and bears are in close balance.