TenYearHodl

TenYearHodl

Maybe it’s obvious, but if we break either the upper or lower lines, our next support/resistance could be a big jump.

TenYearHodl

BJ is Costco’s direct competitor and it’s highly undervalued. Just visiting any Costco confirms the success of the model from an outsiders POV. From a fundamental position, it’s debt to equity has been shrinking over the past several years and cash flow rising. Technically, it’s had a long run down looking at a daily candlestick chart and it’s hit a support line...

TenYearHodl

50sma and trend Line supports a continued rise

TenYearHodl

Using a 200sma and support/resistance lines, we can see that we are currently right on the support levels. Also rsi indicates a bit oversold from last week so I’m hopeful we’ll have a bounce up at least to the upper resistance.