Get started
Costco WholesaleCostco WholesaleCostco Wholesale

Costco Wholesale

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Bonds

COST trade ideas

Alternative Bat/WThe bearish Alternative Bat should land close to the 1.113 fib level. The last leg of a BAT should land around the .886. The Bearish version looks like a crooked W and the Bullish version looks like a crooked M. In the bearish version, valley 2 is higher than valley 1. The W was preceded by what appears to be a Bullish Cypher which should terminate close to the .786. Peak 2 is higher than peak 1 in both the Bullish Cypher and the Bullish Shark. Steep rise on weekly so lots of buyers in this one. Percentages listed are possible pull back targets and are percentages of the entire trend up from a low of 307. High is 612.27. 3 year low is 223.05. Long term DMAs still in sync with an uptrend. The Alligator which is comprised on shorter term moving averages is just now trying to point down. Many are very bullish on COST and short percent is very low and is less than 1%. No recommendation. I am watching this one for a much deeper pull back.
NASDAQ:COST
by lauralea
COST | GuidanceJournal Entry Bias: Negative. Sentiment: Pessimistic. Emoji (emotion): Excited 🙃. Null Hypothesis: Sell. Alternative Hypothesis: Buy. Signals: ... Position: Day-swing trade. Notes: ... Barron's Company Overview: www.barrons.com Other: ... Tutorial: (Q/A) What exactly is the box labeled tolerance? The box labeled tolerance is a defined range of value & time that qualifies the right to exit the trade after a profit is made; as long as the security is inside the box and above the trade's entry one could say the profit is within tolerance, likewise if the security is outside the box either because of value or time one could say the profit is not within tolerance. It's a way to add parameters to the future outcome (as a means to grade the journal entry) while simultaneously providing leniency in the ability to achieve success with said journal entry. About the Security: "Costco Wholesale Corp. engages in the operation of membership warehouses. The firm's product categories include food and sundries, hardlines, fresh foods, softlines, and ancillary. It operates through the following segments: United States Operations, Canadian Operations, and Other International Operations. The company was founded by James D. Sinegal and Jeffrey H. Brotman in 1983 and is headquartered in Issaquah, WA." Social: I'm happy to hear from my readers/audience and I encourage constructive feedback; although I'm busy I will give my best effort to reply. I do strive to build an esteemed reputation and prolific following, I also strive to earn the title as a Tradingview Wizard and Top Author. About the Author: I'm a financial scientist and my contributions offered to the community are apart of my scientific journal or goodwill to mankind. With that said I think it's prudent to make two things clear (1) I'm not a Wall Street retailer, I'm not trying to sell you products or services (2) I'm not a Wall Street advertiser, I'm not trying to market the purchase of securities to you. Disclaimer: My journal entry is not a complete prospectus, please consider it accordingly.
NASDAQ:COSTShort
by UnknownUnicorn28743597
COST 2/11/2022COST COST enjoyed a nice continuation of uptrend from March 2021 thru Jan. 2022 Price sharply came crashing down from 560s to 470s. Price bounce from 470s and looked like it was about to hang above moving averages and possibly make a move towards 570 again. We had a false breakout from minor resistance at 522 and price the next day fell back under. Price now is looking to close below 20ema which it was respecting. Que to enter trade Entering trade short Entry: 511.04 Stop Loss: 536.00 Target: 476.75 – RR ratio 1.37
NASDAQ:COSTShort
by rudcharts
1
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.
NASDAQ:COSTLong
by InnerMotionTrading
1