COST why don’t we go for another dip down to $970s again this week….Community discussions
COST why don’t we go for another dip down to $970s again this week….COST if we close above $900 today we are golden.COST almost touched the post “Liberation Day (April 7th) low of 871.71 on Wednesday (873.97)…so that might be the bottom, at least till the end of the year….now the frenzy for Thanksgiving and Xmas shopping begins.
COST Need this RSI to reverse, this thing needs to move.COST just as I mentioned Nov 6th in this Mind, the only way out for Costco was to “exercise the demons and cough up some blood”, and get to $880-$860. If we continue to go down from here then there then is some really bad news coming as to the state of membership renewals, sales, margins and discretionary spending by the consumer. This right here however is a healthy correction and a good support level and I suspect we linger around here till next ER.
COST Do a 10/1 split already..COST my first target of $880 has been achieved…my thesis from months ago validated…$865 is still possible…take a look at options premiumsCOST $888 come on now lower you goCOST my new target $865COST you know while we’re at it….lets just go down to Liberation Day lows…