Greetings.
I'm bullish on COST after analyzing the monthly, weekly, and daily charges. COST is in a strong bullish trend, and while the indicators show signals that security is on the brink of "overbought," I anticipate more upside with a target of $385. The line that previously acted as resistance, now offers support for COST. The options activity surrounding COST indicate a bullish sentiment. In addition, analysts estimate a bullish earnings report.
Happy Trading!
Disclaimer. My ideas are for informational purposes only. My ideas do not constitute solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments. You should not construe any such information or other comments as legal, tax, investment, financial, or other advice. There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, options and money market funds involve risk of loss. Loss of principal is possible. Please exercise your own due diligence.
I'm bullish on COST after analyzing the monthly, weekly, and daily charges. COST is in a strong bullish trend, and while the indicators show signals that security is on the brink of "overbought," I anticipate more upside with a target of $385. The line that previously acted as resistance, now offers support for COST. The options activity surrounding COST indicate a bullish sentiment. In addition, analysts estimate a bullish earnings report.
Happy Trading!
Disclaimer. My ideas are for informational purposes only. My ideas do not constitute solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments. You should not construe any such information or other comments as legal, tax, investment, financial, or other advice. There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, options and money market funds involve risk of loss. Loss of principal is possible. Please exercise your own due diligence.