TGT is down 25% after the earnings today. Could COST be next? if we look at the P/E ratio, TGT has a P/E of 15.58, while COST much higher, 39.87. I wouldn`t be surprised to see a retracement of COST at the pre-pandemic level of $387. Looking forward to read your opinion about it.
Double top currently formed, holding onto support. Would love to see a bounce on Costco. Long term portfolio would love to see this break lower.
Production cost indicator, shows, how much it cost BTC farms to mine bitcoin and everytime it hits it they buy it up as it's cheaper to buy it then let their farms run to mine it.
Hi there, Yurii Domaranskyi here. Risk vs Reward = 1 to 5.1 It means if you risk here 100$ you may make 510$ Not bad, huh?
Costco has reached its upper channel and is in a parabolic move. Seems due for at least a pulback towards the bottom of its rising channel.
Refer chart mark up - looking very strong - in case if fall from here have strong area of support. If you like try to accumulate from that area. Let me know your thoughts.
Goals 485, 468, 440. 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. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go...
$COST Key Levels, Analysis & Targets I have to be sentimental with COST. I didn’t analyze it differently… the MA’s just are what they are… But I think that COST is an efficient company. I think they deserve their market value. I do think it will fall a little bit, but this company is strong. I’d hold. ----- — On the far right of the chart is my Average...
Update here on Costco, looking to become heavy buyer towards the 390-446 range. Weekly looks like it’ll break down further from here based off technicals.
470 area held, this demand zone look like a nice buy area keep it on your radar. Oversold defensive stock, good for portfolio diversification with the current economic environment.
I would like to start this forecast with this Peter Lynch quote: “In this business, if you’re good, you’re right six times out of ten. You’re never going to be right nine times out of ten.” It means, the best traders are never right all the time, they make losses too. Focus on getting more trades right than wrong and you’ll be considered successful. Having...
QQQ VS QQQE has started to show a very clear move out and is just stating to hit the Big mega caps names . I DO NOT have any sign of a bottom now ! the line in the sand is at 375.91 in the QQQ and I would think that we will see the QQQE breaking the neckline of its head and shoulder pattern that has formed .Cycles are neg now till late jan to...
Costco is a monster .. Looks like it wants 585-590 area where there will be some trendline resistance. Wouldn't want to even short this thing near the top of the pattern iMO. Can reach 620 if it breaks that 590. LIS 565 once above.
Consolidation is broken upwards with the minimum target level around 408. The long-term resistance level around 386 is also broken upwards. Therefore, the long-term target can be around 465.
Costco Wholesale COST is set to give its latest quarterly earnings report on Thursday after the closing bell, Costco will likely report an Earnings Per Share (EPS) of $2.61. Costco bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. Last...
Please see chart and curve line taking us to top of channel after the impulse move above middle channel.