I've kept an eye on stocks such as Costco ($COST) ever since the pandemic. Now, with the U.S. economy sputtering and likely already in a recession (based on the definition) I believe low-price, big-box retailers could be a strong bet. Looking at the trendlines (this is my first time publishing, so be gentle), it looks to me like Costco should hold at or around...
Finding a lot of wedges recently. Retail has been strong recently, this can make a nice swing for a break to the upside of this wedge.
I think BJ$ is a huge grower in this category where Costco has all 50 states and has not much growth in store i feel BJ$ is a great Long term hold Big BOX is the one thing Amazon Cant compete with Family Luv them and they are transiting nicely to online sales same day delivery also . I like the Technicals of this consolidation is nice above the MA and BB Bands...