Costco Wave Analysis – 20 May 2025- Costco broke resistance level 1020.00
- Likely to rise to resistance level 1080.00
Costco recently broke the resistance level 1020.00, which stopped the previous waves 1 and (b), as can be seen from the daily Costco chart below.
The breakout of the resistance level 1020.00 accelerated the active
23.76 CAD
10.02 B CAD
346.25 B CAD
About Costco Wholesale
Sector
Industry
CEO
Roland M. Vachris
Website
Headquarters
Issaquah
Founded
1983
FIGI
BBG013V1R2Y4
Costco Wholesale Corp. engages in the provision of operation of membership warehouses through wholly owned subsidiaries. It operates through the following geographical segments: United States, Canada, and Other International Operations. The company was founded by James D. Sinegal and Jeffrey H. Brotman in 1983 and is headquartered in Issaquah, WA.
Costco (COST) Breakout Alert! Ready to Soar? Costco (COST) Breakout Alert! Ready to Soar?
Hey traders! Check out this bullish setup on Costco Wholesale (COST) . The stock just broke out above key resistance at $987.72 after a solid consolidation phase, with a clear target of $1,052.87 (+4.91% potential gain). The risk-reward ratio here is a
COST - breakout above $1020 steady uptrendCOST - stock in an steady uptrend but now consolidating and holding support well. Looking for calls on this one above $1020 for a breakout move higher. Next resistance at $1050 and $1075. Stock is strong on indicators. Stock has earnings end of the money could see $1110 pre earnings.
COSTCO: 4 touches/rejections. Can we pop over gap?Costco looks loaded.
4 touches along the resistance, looks like a big wedge forming. Next touch can be a break out to upside, fill gap and move with momentum upside.
OR
Green ray for the entry to downside. We got data tomorrow as well..
Do your DD! Not FA but let me know what you think!
Base Case Costco 810. Total company revenues were up 6% compared to a year ago. The Profit Margin of 2.9% was better than the longer-term average of 2.5%. A 90x multiple applied to a Sales Growth Rate of 9% would imply a share price 810. Costco's narrative revolves around execution. Considering the company continues to e
$COST Rising WedgeCost perfectly tagged the upper line of the rising wedge that we have seen play out over the past couple of weeks. I opened some puts at the top today in hopes that it breaks to the downside of this wedge for a target around $900. This would also complete the right shoulder of H&S on daily chart.
$COST Getting TiiightCostco has been bouncing between these trendlines the past couple of days. I'm expecting a big move in either direction soon, but right now its 50/50. My lean on the longer time frame is to complete the H&S on the daily chart to the downside after potentially trying to fill the gap at 1020.
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
COST4977644
Costco Wholesale Corporation 1.75% 20-APR-2032Yield to maturity
4.93%
Maturity date
Apr 20, 2032
COST4977643
Costco Wholesale Corporation 1.6% 20-APR-2030Yield to maturity
4.67%
Maturity date
Apr 20, 2030
COST4977642
Costco Wholesale Corporation 1.375% 20-JUN-2027Yield to maturity
4.19%
Maturity date
Jun 20, 2027
COST4495548
Costco Wholesale Corporation 3.0% 18-MAY-2027Yield to maturity
4.12%
Maturity date
May 18, 2027
See all COST bonds
Curated watchlists where COST is featured.