COST trade ideas
Bullish. Upcoming Earnings. Target: $385Greetings.
I'm bullish on COST after analyzing the monthly, weekly, and daily charges. COST is in a strong bullish trend, and while the indicators show signals that security is on the brink of "overbought," I anticipate more upside with a target of $385. The line that previously acted as resistance, now offers support for COST. The options activity surrounding COST indicate a bullish sentiment. In addition, analysts estimate a bullish earnings report.
Happy Trading!
Disclaimer. My ideas are for informational purposes only. My ideas do not constitute solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments. You should not construe any such information or other comments as legal, tax, investment, financial, or other advice. There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, options and money market funds involve risk of loss. Loss of principal is possible. Please exercise your own due diligence.
costco buy the dip upcoming dip followed by a move to 351. not a huge move but maybe a good bottoming to go in with some options on
happy trading
$COST Looking bullishAgain reaching the resistance level around 315$
I see three scenarios IMO:
1. It will form a small cup and handle pattern and move higher.
2. It will break through resistance level, move higher and use the old resistance as new support.
3. It will be rejected by the resistance and will go back to re-test support level at 295$
$COST staying in the channelBouncing off nicely again from the lower channel.
Hopefully will see some breakthrough above 315$ in the next month or so!
$COST
COST Can we get a break plox?Been watching this sucker and have calls i bought at 341. Lord give me that sweet break.
COST : Inverse Head & ShouldersInverse Head & Shoulders
TP 1 = 344.78
TP 2 = 348.86
TP 3 = 353.42
Please don't forget to FOLLOW , LIKE and COMMENT ...
If you like my analysis:)
Thank you and Good Luck!
COST over-extended and weakening momentum (60-min chart)COST probably due for moderate pullback to 330-335 area.
THE MARKET IS GOING UP AS I SAID ON THE 15MWe are taking a great BUY TRADE and it is still going up as the bulls have strongly decided to buy the market. Wait for my signal to exit with a great win!
Now a great buy opportunity on the 15MAs i said before, i waited for the formation of a gret configuration to confirm a buy signal on the 15M. Please go long now and waitt for my signal for the exit.
Get ready for a long position trade on the 15MAfter the bear taking the market down for a while, the bulls have finally decided to take the market up creating a great chance to go long. so get ready and wait for my signal!
COST: Ascending triangleAscending Triangle
Pros
Descending volume
R/R ratio above 11
PPS above 50MA and 200MA
250RSI above 50
200MA ascending
Cons
ATR descending
If confirmed
PT1 = 377,54
COST: Damage control, if below 324; otherwise new ATHPretty straightforward setup... possible impending "falling knife" PA... watching how it holds if volume can pick up... worst case, likely makes quick touch down around 315, or even back to 300, build up more support, and then rocket back up -- granted this "forever bullish" sentiment can maintain through this next week of ERs
$COST bull flagging $COST continues to show strength in 2020 currently bull flagging at all time highs. Should see price continue to push higher during the rest of the year after breaking out of a larger consolidation pattern.
