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Actionable news in COST: Costco Wholesale Corporation,

Here's When You Should Buy Costco

Costco (COST) is breaking down today. The stock is off nearly 1.5% and is now trading well below last week's low. This very weak action has left behind a rather ominous looking top near the $170 area. A deep pullback may be about to take hold.

In early July Costco surged nearly 5% on extremely heavy trade. This June sales inspired breakout sparked a fresh rally leg that carried the stock up to its 2015 peak. Costco spent the remainder of the month treading water just below this area while...