COST dead cat bounce nearing the end

7 Şub 2022

COST bounced nicely off oversold zone but now seems to be stalling. Volume profile at 527 is proving difficult to get past. Level to watch is a close below 514. Will quickly see it retest its breakout zone at 495. Will have to wait to see what it does at 495 if we get there.

9 Şub 2022

Not

I am still too bias on the bear side of the market. Should have seen a decent cup and handle here. My problem.

12 Şub 2022

Not

Looks like I got caught in the bull trap lol. Breaking down now. Can see 475 again next week.