Costco Wholesale Corporation COST

nickwhitford

Ichimoku R is near 510 and would be the bullish target Now rejecting at yellow trendline that used to act as some support 380 PT

rudcharts Pro

COST – Daily chart analysis Better start loading up on those Kirkland products now. COST started the continuation of its Uptrend back in Jun.’21 On Jan.’22, Price reached all-time highs at 570 just to watch price tumble down to 463. By then, price also broke down from the trend supporting 50ema. That signaled the possible end of Uptrend and the entrance of a...

lauralea Pro

Price hit resistance and formed a Dark Cloud Cover candle pattern after breaking the top trendline of the flag. Today's red candle has pierced to the 50% level of the prior green candle which indicates price opened higher today than the close of the green candle, but so far, the bulls are having issues hanging on. There looks to have been a Bullish Crab pattern...

JonathanMillsPatrick

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...

my_stockcorner Pro+

Cost could finish the 1-2-2u on the week. Atr can move it close to the target, keeping in mind that broadening formation. Depends on what tomorrow looks like. If not, inside 4hr can be an early move for the 1-2-2d rev strat on the day.

nexxtrade Pro

Bearish Fundamental - Negative P/FCF - Negative PEG - Mid industry group TA - Momentum divergence - Price below neck line - Break of channel Momentum divergence is worth taking note. First sign of weakness or strength !

vmreyesa Pro

Without a recession a lot has been discounted in the market already, but I would not fight the Fed and the tape when both are working against against me. We are likely getting close to a trading low, but it may take more selling to get there. Another pilot short

tradingconfibos

Hello traders, How are you? It's Monday so we have to review our swing portfolio. One of the trade for today is COST, long. As always the long volume is now greater than short volume so we have a long trade. Remember this is a weekly chart timeframe so this is a very slow trade. Have a good week everyone

secret0ne

A bullish swing trade? Bouncing of EMA10. Target is 1.2x

olakunledean

Costco has been my no 1 performing stock in the last 3 months . took sell from 603. now Cost has completed an impulse drop down. i expect a correction. the current correction does not seem complete yet . in my view. a corrective leg should have a 3 wave correction. However am bearish and would sell any rally .

alexpv73 Pro+

Cost support in the channel of 2018-2019 Posible rebounce

cashcow04 Pro+

Huge volume gap to $390. Lots of people trapped on this huge 12% down day it appears. I'm watching this closely to play puts on any technical bounce.

MrAndroid Pro+

huge red candle. Costco probably hit by the bad earnings of Target

CryptoFundManager Premium

TGT is down 25% after the earnings today. Could COST be next? if we look at the P/E ratio, TGT has a P/E of 15.58, while COST much higher, 39.87. I wouldn`t be surprised to see a retracement of COST at the pre-pandemic level of $387. Looking forward to read your opinion about it.

MythMakrr

Looking forward to this bounce on $COST - although quite expensive

nickwhitford

Double top currently formed, holding onto support. Would love to see a bounce on Costco. Long term portfolio would love to see this break lower.

uprisetraders Pro+

Monitoring $COST for swing entries off 1D linear regression support.