$COST 1 Year Wedging Pattern
COST Just had an earnings miss... not a bad reaction so far. This has been wedging for about a year now. Also known as a Volatility Contraction Pattern (VCP). I would guess it has to break either way soon. Ideas, not investing / trading advice.
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I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
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