Costco discounts at the store/pump, but not on the stock! xD holding above 1 important trend support, but also near strong resistance. better to wait for confirmation move now, over 573.18 we can go long, below 547.37/trend support we can play the downside.Longby Vibranium_Capital1114
$COST with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $COST after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 71.43%.Longby EPSMomentum0
$COST weekly update...Tested a run towards ATHs today, couldn't quite get there. If we can't retest and break, then there could be a solid pull back. Needs to hold strong here, sub $550 again and I think we pull to at least $525...by UnknownUnicorn39241544
Eve & Adam Double Bottom confirmation on Costco ($COST)Earlier this month, Costco made confirmation of an Eve & Adam Double Bottom chart pattern as it began seeing daily closes above the mid range between lows. This pattern indicates a fairly high probability (about 88%) of a bullish reversal relative to the sell off which from the recent all-time high (571.49) achieved on December 29th, 2021. Today, the price is within 10 points of the all-time high. I'll be looking over the coming weeks to see what happens next, and for possible positions. From here, I see one of two likely outcomes over the near term: A) COST breaks out above the previous high and likely has a forcible move to the upside, or... B) COST gets rejected from the current levels in the near term and has a pullback to somewhere around $520 In the case of A , I'll be looking to short either with a PUT spread, or potentially straight up long PUTs - which have a greater risk/reward but are enticing considering the macro picture of the broader market/economy as a whole. In the case of B , I'd shop for a long position with some kind of CALL spread. The statistics indicate that track B has about a 2/3 chance of playing out. This could be even more advantageous because it could potentially offer both decent long and short opportunities over the next few months. We'll have to see where the chips fall. Longby InnerMotionTrading114
cost formation.costco had a good earning report this week. i am watching this pattern form wld follow up keenly to see if costco gets to 549 area. that would be a nice area for shorts and it completes the gartley pattern. this setup might not be suitable for all parties. i prefer swings.Shortby olakunledeanUpdated 0
$COST Fakeout/Breakout Day 2...Just went red on the day, is this a repeat of the last attempt, or just volatility into FOMC?by UnknownUnicorn39241543
$COST Cup Cheat Setup$COST cup cheat in a 2 and half month base. 50 MA in a clear downtrend (red) lowers the odd of the setup. That said, not many stocks looking as good as this one. Worth watching.Longby TaPlot4
COST bearish pattern and support testing.The value can go down from here as shown by the Gartley Bearish pattern. Buyers can book the profit at this point. Meanwhile there is support offered at the trendline and it would be interesting to see if the value is moved up again from 507 which could be a good buying opportunity.by Muneeb5670
$COST Breakout of fakeout...Been watching this develop, all stocks are waiting for rate hike confirmation tomorrow, then what. Does this break to the topside, or fall out of the wedge....by UnknownUnicorn3924154113
$COST last man standing?...Pull back to $470 maybe? Watching this closely, seems like it could be a weekly double top...by UnknownUnicorn39241542
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 :)by SenesTrades1
COST: SHORT OF THE DAYCOSTCO P/E is sitting at 42.37 making it one of the highest P/E's in it's sector. COST reported earnings last Thursday, but reported lower guidance for Q3. COST is up over 3% today and respecting the fibs as well as the channel it's currently in. First price target is 502 over the next few weeks. Not financial adviceShortby FiboTrader10
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 safeShortby Rykin_Capital0
the bull rally continues here! 🦉cost trend resistance held as support! great signs for the longs. also saw a nice double bottom bounce off support. looking for a rally to 567.77 this year is long as the important trendline holds. like and follow for more! <3Longby Vibranium_Capital1118
COSTStrong positive recovery, INDEX = +1315, share of portfolio = 8,1%, Stop Loss = 491,4Longby maksensatbo1
House of flying daggers Burst warehouse, forget the whole world; Once rich, forget the past. Scary bookmakers think scary is the worst. The k line, like the heart wire. Sometimes, you fight to get the benefits, after all, found that it is not yours. The whole of winning is the story of other people's homes. A god who earns millions has his own divine prediction, whether he wins or loses. There are six kinds of people in the world: buying before thinking, thinking while buying before buying, thinking before buying, and not thinking after buying. Don't buy it. Don't buy it. Lying god, most afraid of a good memory single. Buy, burst, miserable, dare not say, cheated, the best opportunity, and wasted Time...... A series of helpless painful course arrived tomorrow still face does not change color, to the person fierce blow This behavior is called "pretend pussy"! Think more for fluke, the opportunity of deficit is less. The same goes for people. You must be a good person to write articles and deal with details like that, haha.Shortby Haoge2
Costco ShortI love Costco as much as the next person, but technicals and fundamentals don't look great. 45P/E with RSI and price starting to show weakness. Fairly solid short to 480, where I'll take half profit.Shortby Jthanz1
$COST Key Levels, Analysis & Targets$COST Key Levels, Analysis & Targets I have to be sentimental with COST. I didn’t analyze it differently… the MA’s just are what they are… But I think that COST is an efficient company. I think they deserve their market value. I do think it will fall a little bit, but this company is strong. I’d hold. ----- — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. ONLY ADD at support levels & FIB levels… labeled (most of the time) (Support=Green, Resistance=Red, Trendlines=Blue) Fib will be labeled if any and their colors will vary.) I start every position with .5 - 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading. IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible… Longby SPYder_QQQueen_Trading445
COST - Possible head and shoulders forming into a falling wedgeIt looks like COST is making a H&S. Price might fall into the wedge, and then moon after that. Could go to the Fib around $362. People will horde Costco when SHTF, but look at what happened during C19 crisis when the toilet paper ran out. The oil crisis could put constraints on trucking and suppliers being able to fulfill orders. My gut was telling me to sell at $560, but I got too high on euphoria. We have passed complacency and are now at the anxiety / denial phase of this market cycle. Costco shoppers: - Boomers - Families - Gold-diggers - Kooks Shortby LivingBitcoins330
COST SELL Costco sell in place. costco is bouncing off 517 area. looking only for sell trades here/Shortby olakunledeanUpdated 2
COSTCO - COSTUpdate here on Costco, looking to become heavy buyer towards the 390-446 range. Weekly looks like it’ll break down further from here based off technicals.Shortby tslatrades2
Costco Makes a Lower HighCostco ran to new highs in late December, but this year it’s been under pressure. The warehouse retailer slid 11 percent in January – its sharpest monthly drop since December 2018. It then retraced about half the decline to make a lower high last week. Notice how the high not only consisted of an abandoned shooting-star candlestick. It also occurred at the 50-day simple moving average (SMA). Speaking of the 50-day SMA, this chart includes our custom script Moving Average Speed highlighting its direction and rate of change. The last time it fell like this a year ago, COST had a deeper retest. Given that history and the stock’s healthy gains in later 2021, some traders may view the recent price action as the start of an ABC correction. Will they also focus on the October low around $440 as the next likely support? TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradingView is not affiliated with TradeStation Securities Inc. or its affiliates. TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com . by TradeStation2214