Why CoStar Group Inc (NASDAQ:CSGP) Is A Financially Healthy Company
Simply Wall St. Simply Wall St.•October 3, 2018
With a market capitalization of US$15.31b, CoStar Group Inc (NASDAQ:CSGP) is a large-cap stock, which is considered by most investors as a safe bet. Common characteristics for these big stocks are their strong balance sheet and high market...
Main signals for selling the stock:
1-double top tested the inclined resistance
2-breakout of 210.00 horizontal support
3-consolidation and potential flag formation
Sell the breakout of flag's bottom line after its formation
Stop loss +1 tic over the flag's high price
Target 190.00 (sizing targeting+strong support level approaches)
$CSGP CoStar, who owns ApartmentFinder provides commercial real estate analytics. I like this longer-term cup and handle type set up with a bull flag that is wanting to breakout to the upside and new highs.