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Costco

COST BEAR FLAGCOST has been chopping up and down in this clear bear flag trend. It's only a matter of times before it revisits its lows imo. See my "SPY DANGER" chart to see why I'm so bearish on stocks in the coming weeks. I explain everything in detail over there. Looking for a break to the downside in the coming week and a half below the green support line. Targets: 483 --> 470 (prior lows in February and January respectively). Below that.... well idc. Play: COST 03/25/22 495/490p spreads at 0.5 at time of this writing. If ITM, these will go to 4.5 (9x). I fully expect that to happen :) NFA. Don't go all in you chumps. Good luck traders :)
NASDAQ:COST
by SenesTrades
Costco going for discounts. COSTGoals 485, 468, 440. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
NASDAQ:COSTShort
by Rykin_Capital
Costco May Witness A Big Jump After Earnings Costco Wholesale COST is set to give its latest quarterly earnings report on Thursday after the closing bell, Costco will likely report an Earnings Per Share (EPS) of $2.61. Costco bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. Last quarter the company beat EPS by $0.33, which was followed by a 3.31% increase in the share price the next day. The stock is currently forming a potential continuation pattern (Symmetrical Triangle) to be confirmed by the violation of the $543.00 resistance point. After the pattern being confirmed supported by a probable earnings beant, the price will likely hit the pattern's minimum target around $572.00 point.
NASDAQ:COSTLong
by AlyaAkram
1
COSTco is a winnerCostco made a classic buy the uptrend support on Friday. With that boost this looks really good and ready for breakout again for another big run. All indicators are bullish. If Monday holds that $550 support and breakout above $561 it will continue to run. High trend breaking ATH with RSI 66. Explosive, one of my favorite setups. If you want a slow moving but will continuously go up stock, then Costco can’t be beat for long term hold either. $COST Like and follow for more, comment to discuss
NASDAQ:COSTLong
by Art_of_Investing
4
COSTCO Strong buy opportunity on a 2-year old fractalPattern: Channel Up on 1W. Signal: Buy as the price broke above its Resistance (and November 2020 High), in a similar sequence as the April-May 2019 fractal. Even the RSI sequences are identical indicating that the price is breaking outside of this consolidation pattern. Target: Within the 1.5 - 2.0 Fibonacci extension zone (as in 2019). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> fract --------------------------------------------------------------------------------------------------------
NASDAQ:COSTLong
by TradingShot
2
Another recovery play post covid Costco just released a strong earning report which proved once again its business model could transcend good and bad time. If we looked back at the last three years, we could easily observe Costco shares often time dropped the week before earning release, and bounced right back up after. It happened in 2018, 2019 and just now before the earning last week. Together with the negative sentiments, costco share priced did drop below its uptrend line for a moment, but it managed to climb back above before the weekend, and lets assume its uptrend would continue esp with the recovery play in front of us. I do not now have a position in Costco but I am looking forward to start a position at 337 (10MA), with its recent low $313 as cut loss and looking for at least an upside target of $390, which gives us a decent 2x of risk reward ratio.
NASDAQ:COSTLong
by Squishybrain