Order BUY COST NASDAQ.NMS Stop 473.44 LMT 473.44 will be automatically canceled at 20230401 01:00:00 EST COST daily bullish hammer with RSI divergence gotta be quick 1.2R countertrend.
About to go through pivot level in what otherwise looks like a finished impulse. Picking conservative, fractally evident levels. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink...
COST is showing nicely a very popular price action Quasimodo pattern . Quasimodo pattern is also called Over-Under pattern. It is simply formed by series of Highs and lows as shown on the chart. Sell zone (568-571 USD) was shown on the chart for COST. In addition to strong static resistance of pattern we also have 0.786 Retracement level of the last...
Looking at the COST Costco Wholesale Corporation options chain, i would buy the $475 strike price Puts with 2022-9-30 expiration date for about $5.15 premium. Looking forward to read your opinion about it.
530.5 is an important level for Costco. This level coincides with 34 EMA. If the stock crosses this level, then we can go long with a target of 543. If the stock is not able to cross this level, then I would go short with target of 510
COST is primed for a move out of Pennant. Wait for break of Pennat to determine direction. It’s lost the 9ema on weekly. A slight bearish bias #RedDevilTrades #RDT
One of my favorite long term holdings is looking to trade lower.
Costco chart here shows a head and shoulders formation which is bearish.. Chart got originally striked so had to repost this lol -- 510 bearish target with a 390 buy in mind for the long term portfolio. 510 390
COSTCO IS A GREAT STOCK, but the price action is showing a cool off after this strong run up almost 40% from the May lows! The current bull trend is in a Huge rising Wedge, and also the overall chart is showing a head and shoulders formation in the making in the near future. Look to load up on puts at these 2 marked areas!
So, I called this out 5-days ago in my channel.. $COST would rebound from our regression channel and run to at least $550. This isn't difficult, and trading should be simple... we have the greatest indicator ever created; and led to a $26 burst from $537 to $564. No, I do not have a crystal ball... I have Trendsi, and normal technical analysis; and I know that my...
Ethereum cost drops lower as the current week's misfortune matches back the increases from a week ago. ETH cost is set to proceed with its decay going into the following week. With the mid-year, the money departure proceeds, and the ETH cost is in danger of falling toward £470.22. Ethereum (ETH) cost is disappointing dealers attempting to focus on any break...
Costco is one i've been watching. The close before the long weekend was ideal if you entered short once again underneath this yellow trendline. An overshoot to 508-510 is still possibly in play and that's where i'd be looking to start a longer dated short position or even sell out of the position if we get to that target. Costco is a very strong company don't...
Many of these consumers will be losing their jobs! Credit card debt record $1.1 trillion, $7 a gallon gas here in CA. 30 year mortgages went from 3.25% to 6.5-7% something's got to give! Costco is overvalued on a PE standard and EARNINGS compressions are coming! Bear market rallies are to be sold, not bought!! PE of 39 is sky high compared to TGT at 11
Ichimoku R is near 510 and would be the bullish target Now rejecting at yellow trendline that used to act as some support 380 PT
Cost could finish the 1-2-2u on the week. Atr can move it close to the target, keeping in mind that broadening formation. Depends on what tomorrow looks like. If not, inside 4hr can be an early move for the 1-2-2d rev strat on the day.
In this update we review the recent price action in Costco and identify the next high probability trading opportunity and price objectives to target
A bullish swing trade? Bouncing of EMA10. Target is 1.2x
Cost support in the channel of 2018-2019 Posible rebounce