07-12-2020 PLAN for COSTCOST is strong at EMA 50, target to entry at $372
Target Option SP $370/June21 $24.75
COST trade ideas
COST - Bullish Despite Wall Street's ExpectationCostco's November sales totals are impressive, despite falling short of Wall Street's expectation. Investors should remain confidently bullish. December numbers should exceed expectations with the Holiday season here. The value area is within the $360-$370 (good entry long) that's around established support.
COST 1D. POSSIBLE TARGETCOST ON 1D. CHART if COSTCO WILL STAY BOOLISH LOOKS LIKE IT'S GOING UP TO 1.618 FIB LEVEL $407.56 BLUE PATTERN . ANOTHER POSSIBILITY COSTCO GOING DOWN TO RETEST 50MA AS SUPPORT FOR 3RD TIME AND IF SUPPORT 50MA HOLDS COSTCO SHOULD BOUNCE UP TO SAME TARGET 1.618 FIB LEVEL $407.56 GREEN PATTERN
SUPPORT IS 50MA RESISTANCE IS 1.0 FIB LEVEL $389.52 AND TARGET IS 1.618 FIB LEVEL $407.56
Also we can see that Costco respected Fibonacci Levels based on previous wave RED PATTERN after retrasment Costco went straight up to 1.618 Fib Level.
Its my personal opinion do ur own home work and make ur decisions based on ur own research but its nice to know what others are thinking specially if ur own research match with others.
Thank you and Have a profitable trading.
COSTCO: Should be brought or not: USA COSTCO: Should be brought or not: USA
A Profit & Solutions Strategy
$COST delayed chart....Grabbed COST short this morning at $380, going to ride to $350's...COVID stocks going to slide back down
daily analyses of COSTO WHOLESALEhi freinds
for this market i recomend to keepign this stock in portofalio and more to buy
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COST - October 25, 2020COST on watch moving forward. A nice dip in the coming weeks should be bought up at any chance.
