Costco potential short NASDAQ:COST Was trading in Rising wedge and broke down . we are looking into pull back to daily support at around 350 , if you looking to trade it keep ur stop loss tight to 376-378 area . Good luck and please note it's just an idea I'm not financial advisor Shortby Abdysf0
Nice Run. Pullbacks necessary. Short to $355?Greetings All, COST, along with Home Depot (HD) have been on a tear lately. However, targeting the reversion to mean principle, I expect COST to retrace to the 50MA around $355. There is also bearish RSI divergence on the daily chart. Happy Trading !Shortby chiefwils0n2
COSTCO - Is this a bottom?With the recent bottom testing on the SPX500USD How does this affect COSTCO's recent massive correction? This could be a great entry point! Use trend line for stop loss! And remember to track index. If SPX500USD sells more, then costco could go down more. Longby Craig_ClaussenUpdated 1
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. Longby Squishybrain1
Long COST into earningsDaily RSI is at levels it hasn't seen since 2016. This obviously isn't especially bullish, but these oversold conditions sets this up for a great relief rally lotto. So far the pitchfork has been respected and the gap to 318 has been filled. The risk/reward seems too good to pass up.Longby DXY_to_0Updated 3
Cost sellCostco sell off of distribution, I see us hitting 348-350 and creating the LPS is distribution as wsellers take overShortby BLKopalFX0
COSTO SWINGLOOK FOR AN ENTRY AT PULLBACK, I'M IN COSTCO LONG TERM. 1. MOST IMPORTANTLY - IT'S A FANTASITC COMPANY, I LOVE SHOPPING THERE, I LOVE THAT BUFFET AND CHARLIE ARE HUGE COSTCO BULLS TOO 2. RSI IS MOVING FROM OVERSOLD 3. MAC D IS BULLISH 4. THE 200 AVERAGES WILL BE THE RESISTANCE WE SELL OFF ON, THIS WILL PROVIDE AN OUTSTAND RENTRY OR ENTRY DEPENDING ON WHAT YOU'RE DOING, A BREAK ABOVE IS WHAT WE ARE REALLY LOOKING FOR. THE REAL MONEY WILL BE MADE IN A LONG TERM SWING TRADE HERE, BUT YOU CAN BE CONFIDENT IN YOUR POSITION, AND MOST IMPORTANTLY, SLEEP WELL AT NIGHT. Longby clarkehimself0
COST Trend continuation to the downsideMACD looks good RRR 1.4 Remember shorts are smaller position sizes in your portfolioShortby FlightschoolUpdated 0
COST 🌦No indicators, just using Modified Elliot Wave Theory to ascertain the pattern of the stock. Longby jeromepower0
COST (NASDAQ) - Define the time factor using GANN Angle TeoryGreetings Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, feel free to send us message (inbox). Pra Trading : - Please care for Money Management - Have a good psychology - Do not be hurry to open position and do not do nothing if u see opportunity - Evaluate and upgrade your trading plan Execution Strategy : - Know what you want to buy, see the Fundamental - Decide that you are on investing or speculating - Consider what your strategy based on Investing/Speculating - Make Road Map Of Your Trading Plan - Decide a. Entry strategy b. Cut loss c. Target of Profit Post Trading : a. Do not be sad if you loss or do not be very happy if you win b. Just become a normal without emotion, Do not put emotion into your trading c. Evaluate your trading d. Keep on Learning e. Be Humble Idea : COST (NASDAQ) - Define the time factor using GANN Angle Teoryby MultiAssetX2
How much COST to the moon?COST followed fibonacci levels in the recent past, reaching its minimum and then bouncing back up. I draw its possible future path, that can go much over the highest price ever reached. In my opinion, this is a great buy opportunity for a medium-long term holding. In case the STOP LEVEL will be crossed down, I will close and reverse the position.Longby LoScacciaTopi0
Heading to $350Quick swing trade set up on COST. Entry: Under $325 Profit Target: $333 (target 1), $350 (target 2) Stop loss: $ 317 Risk: up to 2.5% loss Upside: 7.5%+ (you could choose to hold this long term -- pays a decent dividend). Good luck traders! Longby Karam08Updated 2
COST (NASDAQ) - Be Carefull for Bearish TrendGreetings Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, do not be hesitant to send us message (inbox). Our Service : Signal recomendation, Trading Course, Portofolio Consultation for multi asset such as Stock, FX, Derivative, Crypto, etc. If u are newbie on the stock market, do not be hesitant to contact me at Private Message. Our Job is to make u Prof trader and proftable trader. Strategy - Please care for Money Management - Have a good psychology - Do not be hurry to open position - Evaluate and upgrade your trading plan BA (NYSE) - Bullish Trendby MultiAssetX1
$COST with a bullish outlook following earnings #StocksThe PEAD projected a bullish outlook for $ COST after a negative over reaction following its earnings release placing the stock in drift C If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us. Longby EPSMomentum0
MONTHLY CHART ON COSTCOCostco has been down because of the recent pullback and it might bounce back after hitting support which previously was a resistance. The 20-day moving average is also intersecting with the support shows strong signs of a bounce-back up to levels beforeLongby Beginner_Trader_Viggy2
$COST Costco Monthly Trend Maintained. What was once resistance for 10 months has now flipped into support at a crucial time. The 21EMA is also in support which the stock has not closed below on the monthly for 4 years.by Xclusive-TradingUpdated 4417
$Cost is ready to bounce backI´ve tracking $Cost for a while and I think $Cost is ready to bounce back. MACD just crossed above the line, lets see how much it last. it´s a long way back to 360, but in the mid time ....Longby lalocontreraslpz0