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 $2.61. Costco bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. Last...
Pattern: Channel Up on 1W. Signal: Buy as the price broke above its Resistance (and November 2020 High), in a similar sequence as the April-May 2019 fractal. Even the RSI sequences are identical indicating that the price is breaking outside of this consolidation pattern. Target: Within the 1.5 - 2.0 Fibonacci extension zone (as in 2019). ** Please support...
Costco just released a strong earning report which proved once again its business model could transcend good and bad time. If we looked back at the last three years, we could easily observe Costco shares often time dropped the week before earning release, and bounced right back up after. It happened in 2018, 2019 and just now before the earning last...
I think BJ$ 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...
First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. Costco has surged recently, and I been wanting to do an analysis for Costco for a while (I wonder why). That being said, the next target for what I would say Monday or Tuesday is $310. The weekly threshold target I am hoping it would pass...
#Costco Wholesale is approaching to pivot resistance but on 2 hourly chart already gives a signal for a pull back