TrendsiTrades

COSTCO: BULLS ARE TAKING OVER!

Long
NASDAQ:COST   Costco Wholesale
🔸️Ticker Symbol: COST 🔸️Timeframe: 4 Hour 🔸️4X Bull Pattern 🔸️Investment Stratey: Long

TECHNICAL ANALYSIS: Costco is currently in a 4x Bull Pattern. Our dashboard is showing money momentum (white line) shifting to the upside, we have a green dot which is a key EMA crossover, the middle line has switched from red (bear) to green (bull) market momentum and the linear regression indicator is heading in an upward pattern. I would like to see Costco test $553 as we continue to rise in price.


4X 🟢 Bull Pattern Confirmation Requirements

✅️ Linear Regression Indicator Increasing
✅️ Money Momentum Shifting Higher
✅️ Green Dot: Key EMA Crossover to Upside
✅️ Green Middle Band: Bull Market Momentum

4X 🔴 Bear Pattern Confirmation Requirements

🔻 Linear Regression Indicator Declining
🔻 Money Momentum Shifting Lower
🔻 Red Dot: Key EMA Crossover To Downside
🔻 Red Middle Band: Bear Market Momentum

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