CSGP - W Pattern IdeaCompleting the W pattern along a strong trend line
This W pattern may even continue up towards the upper trend line drawn
Bars pattern shows my thoughts in green
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About CoStar Group, Inc
Sector
Technology Services
Industry
Internet Software/Services
CEO
Andrew C. Florance
Website
costargroup.com
Headquarters
Washington
Employees
5.653K
Founded
1987
ISIN
US22160N1090
CoStar Group, Inc. engages in providing online real estate marketplaces, information, and analytics in the commercial and residential property markets. It operates through the North America and International geographical segments. The North America segment includes the Unites States and Canada. The International refers to Europe, Asia-Pacific, and Latin America. The company was founded by Andrew C. Florance and Michael R. Klein in 1987 and is headquartered in Washington, DC.
CGSP: trade ideaCGSP is on the verge of breaking lower.
This chart looks like a perfect risk to reward setup on the downside.
the only caveat is earnings approaching, waiting for the reaction.
COSTAR Stock Chart Fibonacci Analysis 040423 Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
$CSGP with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $CSGP after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 71.43%.
CSGP 9/30/2022CSGP
Daily chart analysis
It’s crazy to see how overvalued some stocks are, even the good companies.
CSGP was one of the companies born in the last market crash back in 2000-2010.
CSGP went into its uptrend mid 2010/start of 2011 at around 5.00
It continued its uptrend until it topped out at 21
$CSGP with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $CSGP after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 69.23%.
19/5/2022 NASDAQ (CSGP)Short (Entry Price) below the black line and exit (Stop Loss) above the red line. Can take profit at the suggested Target Price.
Entry Price: $56.54
Target Price: $54.96
Stop Loss: $58.12
2/3/2022 NASDAQ (CSGP)Short (Entry Price) within the sell zone area and exit (Stop Loss) above the red line. Can take profit at the suggested Target Price.
Entry Price: $59.60 / $60.49
Target Price: $58.10 / $58.89
Stop Loss: $62.09
Swing the lows tomorrowI'd imagine we bounce from the POC, hit resistance again at the .66 speedfan and fal to VAL + .618 retracement and come back higher
LONG CSGP BIG+% returnseps growth previously failed breakout i feel that in the future there is another chance at a breakout
See all ideas
This info isn't a recommendation for what you should personally do, so please don't take the data as investment advice. As with any trade, always look first, then leap. Read more in the Terms of Use.
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