Costco WholesaleUpdated Post Earnings Announcement Drift
In December 2023, I purchased COSTCO to try PEAD (Post Earnings Announcement Drift). It's a swing trading strategy. Points in the algorithm I have followed:
2023.12.14: Q1 after the opening of the stock exchange (advance accounts).
2023.12.15: 658.82 – 630.78 = 28.04 => 4.45% > 4.15%
Buy Wednesday 2023.12.20 and hold until Monday 2024.04.22. Buying and selling is when the stock market opens.
Nasdaq index > MA 87
Following the algorithm, the time has now come for sales. The price is now also under the cloud in Ichimocu.
Sale 710,00 USD
Dividend 16,02 USD
Purchase 670,64 USD
Gain 55,38 USD
% Gain 8,26 %
Maybe not very impressive, but also not bad at about 3 months. COSTCO could also be relevant long, may refer to:
finance.yahoo.com/news/2-magnificent-stocks-created-many-091500689.html
2023.12.14: Q1 after the opening of the stock exchange (advance accounts).
2023.12.15: 658.82 – 630.78 = 28.04 => 4.45% > 4.15%
Buy Wednesday 2023.12.20 and hold until Monday 2024.04.22. Buying and selling is when the stock market opens.
Nasdaq index > MA 87
Following the algorithm, the time has now come for sales. The price is now also under the cloud in Ichimocu.
Sale 710,00 USD
Dividend 16,02 USD
Purchase 670,64 USD
Gain 55,38 USD
% Gain 8,26 %
Maybe not very impressive, but also not bad at about 3 months. COSTCO could also be relevant long, may refer to:
finance.yahoo.com/news/2-magnificent-stocks-created-many-091500689.html
Note
Correction: ...12.14: Q1 after close of the stock exchange...
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.