COSTCO WHOLESALE CORP

NASDAQ

COST

COST looks pretty solid above this support now. Should have room to run for a 2R gain.

Increasing lows, equal highs, at least two swings passed = bullish surge towards $254 Also: Kumo Cloud indicators gave us a strong bullish signal on May 16 and the cloud is showing strong support

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Weak buy signal with the red+blue cross underneath the Kumo, and lagging strand is showing consolidation. This typically means "wait for more information" but we are approaching a strong support in the trend channel and momentum is pointing towards a reversal. I'd keep a stop loss around the 238 level, but even if we unload at 247 that's a solid 3:1 risk to...

You can see the negative divergence on this chart. Stock been pumping up and momentum is vanishing. I am shorting from up here, puts 2 weeks out.

New all time high for Costco. Previous ATH at 45 is now resistance. Price should stay up and keep going

Shorting the double top, $230 target but I might bail around $235 if I can flip the puts in the next couple of days.

Needs to break yellow lines to push higher. Needs to break first blue line to push lower.

NASDAQ:COST

Read the chart, Divergence, Rising Channel

Clear bearish divergence at this top Previously rejected at 240 area and will do so again First stop 220 which is the .382 retracement and first strong support level

This one was truly a no-brainer for me the other day, but I was waiting to publish on the earnings news. COST is up 5% is afterhours with a potential blowout day tomorrow on market open. I also believe that the financial media will latch onto this good news from them with a fervor in hopes of pushing back a little on this current bear market sell off index wide....

After hours increase in price, ready to bounce within the uptrend channel.

If falls below 212 may test 210 as cup and handles forming

Costco is tempting at these prices since it often trades in the 140.00 plus range. Indicators are showing us a good entry, let's see what it can do.

204 coming

Didn't see this yesterday afternoon. Look at the end of day action on the 15 minute chart, obvious short, looks like we missed out. It's played out already, but man I wish one of my followers or guys I follow posted this one.