This is a Bullish indicator signaling CSGP's price could rise from here. Traders may explore going long the stock or buying call options. Tickeron A.I. dvisor identified 57 similar cases where CSGP's MACD histogram became positive, and 43 of them led to successful outcomes. Odds of Success: 75%. Current price $859.78 is above $852.96 the highest resistance line...
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.