COST should continue short term rally

13. Nov.

COST expect short term rally as the part of sequence started from August-2024 low, while dips remain above 867.16 low. Short term, it either extending higher in third wave in (5) and expect two more highs, while pullback stays above 910 level. If it breaks below 910 then it should be diagonal in (5) and expect one more push higher to finish (5), while dips remain above 867.16 low to finish the impulse sequence started from January-2023 low.