• Costco falling inside impulse waves 5 and (C)
• Likely to reach support level 400.00
Costco continues to fall inside the sharp downward impulse waves 5 and (C), which previously broke through the two strong support levels 470.00 (January’s low) and 435.00 (October Low).
The breakout of these support levels added to the bearish pressure on Costco – accelerating the fall.
Costco can be expected to fall further toward the next round support level 400.00 (target for the completion of the impulse waves 5 and (C)).
- EURJPY under strong bearish pressure - Likely to fall to support level 163.10 EURJPY…
- WTI broke round support level 80.00 - Likely to fall to support level 76.00…
The monthly ADP labour market report showed that America created 192K new jobs in April, above…
Bears showed strength ahead of the FOMC decision. U.S. indices sagged on Tuesday as investors…
Market Picture Bitcoin's closing price on Tuesday became the lowest since late February, confirming the…
- Ebay under the bearish pressure - Likely to fall to support level 51.00 Ebay…
This website uses cookies