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Costtrade

COST show a relatively high level of large-scale triangularCOST show a relatively high level of large-scale triangular This chart shows the weekly candle chart of Costco's stocks over the past year. The top to bottom golden section at the beginning of 2022 is superimposed in the figure. As shown in the figure, Costco's stock peaked in April 2022, plummeted, and began to strengthen in May 2022, showing a relatively high level of large-scale triangular fluctuations and consolidation overall! The stock of Costco Company was suppressed by the top to bottom golden ratio of 1.382 at its high points in July and September this year. Therefore, in the future, this position can be used as the watershed for judging its strength!
NASDAQ:COST
by Think_More
COST trade setup idea 8 september 2022530.5 is an important level for Costco. This level coincides with 34 EMA. If the stock crosses this level, then we can go long with a target of 543. If the stock is not able to cross this level, then I would go short with target of 510
NASDAQ:COST
by GenkeiFutura

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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