0I47 trade ideas
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 $COST continues to show strength in 2020 currently bull flagging at all time highs. Should see price continue to push higher during the rest of the year after breaking out of a larger consolidation pattern.
COSTCO to 400$COST Same pattern
Fundamentally: 20% rise in money volume and consumers try to save some money to buy in bulk.
COST BUY OR LONG , TARGET UP TO $357 COST confirms the asymmetrical triangle pattern at $ 321, currently has a bit of resistance and confirms further strength
if it breaks above $ 331, however the confirmation price is bought at $ 321 - $ 325, I was Long.
COST buy : $325 - $326
COST target : $357 +-2
Stop loss : $315
Wish you good deals!
COST: From a “Bear”... this is going 350+The monthly makes this look as clear as day... unless bulls really drop the ball on this one, this should really soar! This is one of my favorite companies, and I would not expect this to drop... let’s see!
COST break out to new highsBroke out to new highs on 75% above usual volume. Didn't like the partial retreat at the end of the day thought, would have like it to close to the top of the day range, but volume is strong.
Long @ 327.02
$COST All Time High for Costco
Costco's breakout move today was stalled by weakness within the overall market, but it did mange to
close at a new All Time High.
If the $325 level can hold as support tomorrow, there nay be a opportunity for a long trade to $330- $333 - $340
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