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Costco Wave Analysis – 18 May 2026

Costco Wave Analysis – 18 May 2026

Costco: ⬆️ Buy

– Costco broke key resistance level 1062.00

– Likely to rise to resistance level 1077.00

Costco recently broke above the key resistance level 1062.00, former multi-month high from June of last year.

The price earlier broke above the resistance level 1028.00, which stopped the previous waves (1) and 1, as can be seen from the daily COST chart below.

Costco is currently testing the strong the resistance level 1077.00 – which if broken can lead to further gains toward 1100.00.

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