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COSTCO WHOLESALE CORP COM STK USD0.005COSTCO WHOLESALE CORP COM STK USD0.005COSTCO WHOLESALE CORP COM STK USD0.005

COSTCO WHOLESALE CORP COM STK USD0.005

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0I47 trade ideas

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.
NASDAQ:COSTLong
by AlyaAkram
1
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 Like and follow for more, comment to discuss
NASDAQ:COSTLong
by Art_of_Investing
4