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COSTAR GROUP INC
NASDAQ
CSGP
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...
This stock is holding up strong, besides the hitting the S&P has gotten on the last week because of the Trade war between the US and allies. Seems it could even accelerate.
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.
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