Hola a todos, en esta ocasión explico el funcionamiento de un nuevo indicador, EP Trend Heatmap (mapa de color de tendencia).
Es un indicador que muestra de forma simultánea la tendencia en varios timeframes, de forma que nos da una visión de conjunto de la situación del activo, ayudándonos a tomar decisiones con más seguridad.
Se relaciona estrechamente con...
COST has been on a mission and has been trending up strongly over the past few months, but will that trend reverse soon?
- AUG 27 COST bounced off my pitchfork's support level ($446.41) and is trended up since
- Using fibonacci extensions, $466.68 seems to be the support level - that aligns with my pitchfork's support level
As for a longer term move, it is...
Costco COST has now the most days down in a row since the UPTREND began which I post a major low at march low . THE markets all will be rolling over after the last wave up is nearing The CARES money runs out and inflation will then cause a rather slowdown due to an increase to ALL as the FREE MONEY COMES TO AN END !
COST is an above average company with great execution on it's business plan. However, the stock, which now trades at a RICH 44x FWD earnings, is beginning to look expensive - given that's a premium to the market's long term average of 15x earnings, and even still a 30% premium to COST's average valuation over the last 5 years.
Combined with the recent UMCSI...