COST (COSTCO)

COST

• 05JUN16 - Entry criteria:
  
  1. Short Position - If we get confirming bearish candlestick formations at the stop of the channel supporting by weak market performance over the week, potential to enter short and ride to $137.
  2. Long Position - Potential to trade this long if a breakout forms out from the downward price channel and a base of support at $152.