Costco sell awaiting Costco opened higher today and sellers stepped in to short it. am awaiting for the 2hr candle to close bearish pin bar.
currently in one sell position. need confirmation to stack.
CTO trade ideas
Costco ~ COSTCostco is a monster .. Looks like it wants 585-590 area where there will be some trendline resistance.
Wouldn't want to even short this thing near the top of the pattern iMO. Can reach 620 if it breaks that 590.
LIS 565 once above.
cost sell updatecostco 561 level held well. if price retests this area , only watch what the price action wld do at that point. perhaps we wld see a pin bar print and market rejection.
COST Head and Shoulders forming slowlyCost is forming a bearish pattern and looks like it will be falling soon. SHORTs will be fired
COST: Consolidation.Consolidation is broken upwards with the minimum target level around 408. The long-term resistance level around 386 is also broken upwards. Therefore, the long-term target can be around 465.
Wyckoff Method, $COST (COSTCO)I've notated the area I believe $COST is in with the Wyckoff Method I believe is being used. Will have confirmation soon.
$COST with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $COST after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 75%.
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COSTCO BULLISH ON EARNING REPORTCOSTCO BEAT EARNING EXPECTATION. view turn bullish from reports . a break of previous resistance and expose new highs.
Cost Short when reached 550.98-556.25Cost Put when reach 550-556, Stop loss 567, Target 1 =537.25, Target 2= 528.53
Costco May Witness A Big Jump After Earnings
Costco Wholesale COST is set to give its latest quarterly earnings report on Thursday after the closing bell, Costco will likely report an Earnings Per Share (EPS) of $2.61.
Costco bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
Last quarter the company beat EPS by $0.33, which was followed by a 3.31% increase in the share price the next day.
The stock is currently forming a potential continuation pattern (Symmetrical Triangle) to be confirmed by the violation of the $543.00 resistance point. After the pattern being confirmed supported by a probable earnings beant, the price will likely hit the pattern's minimum target around $572.00 point.
costco bearish bias update.Market has not followed thru with a close below 550 . seems the bulls and bears are in a tussle.
COST - 950 by July 2022Please see chart and curve line taking us to top of channel after the impulse move above middle channel.
costco update bearish biasCostco didnt close above the 560 handle required. sellers found supply there.
COSTco is a winnerCostco made a classic buy the uptrend support on Friday. With that boost this looks really good and ready for breakout again for another big run. All indicators are bullish. If Monday holds that $550 support and breakout above $561 it will continue to run. High trend breaking ATH with RSI 66. Explosive, one of my favorite setups.
If you want a slow moving but will continuously go up stock, then Costco can’t be beat for long term hold either.
$COST
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$COST... another beautiful breakout...We sold premium into earnings on this one for about 90% profit!
COSTCOOverbought on the weekly
It won't continue at this pace
Correction bellow the $500 level
Long entry at $470
COST breakoutI will be waiting for a break of $539.60
Good chances we retest ATH.
Market has been very volatile, keep that in mind.
COST - STOCKS - 26. OCT. 2021Welcome to our Weekly V2-Trade Setup ( COST ) !
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4 HOUR
Closure above main sr level.
DAILY
Looking for more bullish pa
WEEKLY
Expecting another turnover
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STOCK SETUP
BUY COST
ENTRY LEVEL @ 306.89
SL @ 299.28
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
COSTCO Bearish PatternCOST formed a bearish AB=CD on the 15 min, T1 was achieved and might get to T2 Monday/Tuesday.
