Cost has moved to the breaking target, there is a profit taking signal in the weekly RSI, our job is to wait for the weekly candle to close below 683, we can consider selling Cost shares to the 2 targets below.
I am publishing a series of the best stocks with the highest growth rates that I expect over the next few years. Today with the Costco share with a target price of 1024$
NASDAQ:COST
Costco Wholesale Corporation is one of the most successful companies in the US. Costco investors have seen a return of 453% over the past 10 years, while the S&P 500 has moved roughly 206% over the same period.
Despite the impact of inflation, Costco has continually offered lower prices relative to their competitors, yet their net margins are 2.65%,...
COST has one of the cleaner structures in the market and is a great long term ticker, as well as a shorter term speculative ticker. Ultimately, looking for a wave 4 of 3 pullback toward the .764 extension around 586, which is also heavily supported by the volume profile. Short term bearish / longer term bullish.
Hey folks
Back with my signature flag and pole. Not into using crazy indicators here but just pure tech analysis.
COST giving a weekly flag and pole with divergence on macd.
Wait for 8-9 weeks for the next earning season and see it pop. Feel free to checkout my previous ideas and see how they faired.
Leave a comment and a subscribe for more ideas
Cheers
A
I recently posted about the potential to take advantage of seasonal weakness for $NASDAQ:COST. I'm embarrassed to say that I had lost track of them being overdue to offer a special dividend. Since 2015 they have offered a special dividend every 2-3 years.
Let's look at how the special dividend announcements have influenced sentiment and interacted with seasonal...
Despite market Volatility NASDAQ:COST is exhibiting a bullish bias based on the following indicators:
Price Momentum
COST is trading near the top of its 52-week range and above its 200-day simple moving average.
NASDAQ:COST is trading above all of its moving Averages indicating a Bullish Bias.
NASDAQ:COST 50-day Moving Average is above the 200-day moving...
NASDAQ:COST is a core holding of mine and one that I use technical analysis to continue building. I've reported multiple setups to build a cost position and recently shared the strong seasonal outlook for November.
We have earnings after the close on 12/14, a quad withing on 12/15, and a history of seasonal weakness between December and March. I'll take this...
Shares in Costco Wholesale Corp (symbol ‘COST’) reached 18-month highs in the last fortnight amid ongoing strong sales. Recent general positivity in stock markets comes mainly from the likelihood that the Federal Reserve has reached its terminal rate for this cycle and might start to pivot from the second quarter of next year.
Costco’s earnings report for the...
This is a "copper condor" not an iron one.
Creating 2 debit spreads that one pays off well IF COST gaps nicely and breakout out of this triangle in a nice fashion?!?!
Despite the negative news, market has its own mind. Its been only going higher.
COSTCO seems to have ran out of gas, and shorts may be taking over soon. The idea is to get in as early as possible, and get out when the rest start to jump in.
Shorting COST to the $530 area. Since risk management is key, and COSTCO is an expensive stock, Iam going to purchase a...
Costco wants your loyalty
To some extent, Costco's sales will ebb and flow along with the economy. That's natural for a retailer. But what won't change over the next three years is the company's focus on keeping its customers happy, because that supports an important income stream. And you can keep tabs on that by watching its membership renewal rates.
Costco's...
NASDAQ:COST is putting amazing November. It has ended 10 of the last 10 Novembers higher with an average return of 5.5%. And it has ended 18 of the last 20 higher, with one of the down years being the great recession.
Observe the repeated behavior within the primary uptrend on the weekly timeframe. We have a primary uptrend channel with a series of...
HI guys. This is an analysis thread to assess the technical developments found in Costco. I will layout some general findings on the macro scale, then update as new developments proceed in the technicals for COST. The purpose is to provide unbiased TA opinions, where i give both bearish or bullish cases depending on facts in charts to help make informed...
In the last five years, shares of Costco Wholesale (COST -0.19%) have made for a wonderful investment, climbing 149%. This gain is much better than the broader market indices. But the stock is still 11% off its peak price (as of Oct. 27).
There is a lot to like about this company. Those looking to buy shares right now need to spend some time understanding more...
