COST Update

Costco Wholesale CorporationNASDAQ

Description

⋅ Aug 20, 2021 11:06 PM

Target hit, looks for a reversal next week, maybe even Monday

Probably only a one or two day trade after the reversal. Expect it to whipsaw until earnings like last quarter

Way overbought

Chart Patterns Technical Indicators

Comments

kamaal010

⋅ Aug 23, 2021 6:18 PM

"Probably only a one or two day trade after the reversal. Expect it to whipsaw until earnings like last quarter" - I did not understand this line - can you elaborate ? Im thinking you mean it will drop down for a couple days before going up again...