COSTCO NEEDS TO AVOID BREAKING H-n-S TO CONTINUE ITS UPSIDE RALLCostco Wholesale CorporationBATS:COSTBullBearMktCostco (COST) has posted another strong fiscal year, with revenue climbing to $86.2B and net income up to $5.49B. However, the weekly chart is showing a developing head-and-shoulders pattern threatens the upside momentum, and price must hold above 871 with a rejection candle this week to avoid a deeper breakdown. A close below that level could confirm bearish continuation, despite Costco’s solid fundamentals. N.B! - COST price might not follow the drawn lines . Actual price movements may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #cost #nasdaq #nyse