Costco Wave Analysis – 15 January 2026

Costco: ⬆️ Buy

– Costco rising inside minor impulse wave (1)

– Likely to reach resistance level 965.0

Costco has been rising sharply in the last few trading sessions inside the minor impulse wave (1) – which previously broke the resistance levels 920.00 and 940.00.

The breakout of these resistance levels 165.00 was preceded by the breakout of the extended daily down channel from June.

Costco can be expected to rise to the next resistance level 965.0 (former monthly high from October and the target price for the completion of the active impulse wave (1)).