Today we will analyze the stock COSTCO WHSL (CTO.F) for internet stock trading in the F stock market,
Stock Technical indicators to notice in COSTCO WHSL (CTO.F)
1- Last bullish trend was from 81.12 $ (2/6/2014) to 85.38 $ (3/5/2014) a 4.26 $ move 2- The current bearish trend started from 85.38 $ at 3/5/2014 and is currently trading at 81.93 $.
3- CTO.F current support level is at 81.12 which is the 100.00 % fibonacci retracement of the last 4.26 $ move.
4- CTO.F current resistance level is at 82.75 which is the 61.80 % fibonacci retracement of the last 4.26 $ move.
5- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
COSTCO WHSL (CTO.F) Short term stock chart patterns for internet stock trading :

6- The Stock was resisted by a resistance line, identified by two points: 85.380 and 92.480, and is currently resisting at 85.084.
COSTCO WHSL (CTO.F) Mid term stock chart patterns for internet stock trading :

7- The Stock formed Double Bottom Pattern at 81.750 .
COSTCO WHSL (CTO.F) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 79.830 and 72.060 that was broken down at 84.980 transforming into a resistance line.

Stock Trading Conclusion:
COSTCO WHSL (CTO.F) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 82.74, 82.75, 83.25, 83.25, 83.65, 83.75, 84.06, 84.37, 85.08, 85.38, 91.58.
Stock Support levels : 81.12, 80.63, 79.96,.