Costco Wholesale Corporation Stock Forum (BX:CTO)

yesterday

how we feeling for earnings this week lads

2 days ago

🎯 Plan: Bullish Breakout @ 105.00
Key confirmation: 4H candle close above resistance 105.00 ✅
Entry: Any price level after confirmed breakout (⚠️ don’t chase blindly, wait for structure).

🕵️ Thief Layering Strategy (Multi-Limit Entry Style)
👉 The “Thief Strategy” = using multiple layered limit orders to build a position safely instead of going all-in.
Example layered buy entries: 102.00 | 103.00 | 104.00 | 105.00 | 106.00
You can expand layers based on your own plan

⚠️ Important: Place layers only after breakout confirmation. Blindly stacking before confirmation = your own risk.

🛡️ Risk Management
Stop Loss (Thief SL): 101.00 (guide-level only, not mandatory).
Note: Dear Ladies & Gentlemen (Thief OG’s) 👑 — SL is always personal choice. Manage your own risk.

🎯 Target Profit Zone
Strong resistance overhead + possible overbought + trap risk ⚠️
Suggested escape target: 112.00 🤑
Note: Same rule as SL, take profits according to your own strategy.

🔗 Correlation / Related Pairs to Watch
(Costco) 🛒 — retail sector peer, often shows correlated swings.
(Target Corp) 🎯 — competitor, moves can foreshadow sector momentum.
/ 📈 — broader market ETFs; Walmart tends to follow US market sentiment.
index (DXY) 💵 — strength/weakness of dollar impacts multinational retailers.