I've kept an eye on stocks such as Costco ($COST) ever since the pandemic. Now, with the U.S. economy sputtering and likely already in a recession (based on the definition) I believe low-price, big-box retailers could be a strong bet. Looking at the trendlines (this is my first time publishing, so be gentle), it looks to me like Costco should hold at or around...
Wholesale and membership models have really stood the test of time as we've seen with $COST reaching new all time highs. The Fed doesn't seem too concerned with inflation which could be giving the green light to some of the strong inflation players once again. Wheat threatens a breakout at the time of writing. Good luck traders!
$HD broke $259.29 out last week and ready for a new uptrend. However, the volume and rsi are still weak and just watch for more volume before get in. Note: Lumber price is increasing so it may affect also HD performance positively. 12 months Consensus Price Target: $255.28 if you find my charts useful, please leave me "like" or "comment". Please don't trade...
$CMG is launching a new breakout. The volume was above the average yesterday. There might be a pull back to test $1087 before it continues to rise 12 months Consensus Price Target: $898,19 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
$BIG broke the pivot last Friday with high volume. RSI is also over 70. 12 months Consensus Price Target: $38 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
Entry : $24.55 S/L. : $23.02 TP1. : $25.85 TP2 : $26.84 12 months Consensus Price Target: $23.5 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
Deep value here at irrational pricing. Loading up for the long haul. Deep pooling at the Bid by the value-minded and plenty of folks still dumping shares at ridiculously low prices.
The Future of Food (Wholesale Foods) is very important on Earth! The price of food today is about 7 to 10x what it use to be in the middle of this past 20th century (1972ish). Just before the the beginning of the 1990's there was a sudden "wholesale foods" boom. The value of "wholesale" food companies like Costco doubled after one time around the sun and then...
#Bitcoin. Is it going to 0 like all the overly reactive bears are suggesting? As ugly as the current chart looks, as long as it continues to serve its practical purpose as a money transmission mechanism, it is more likely to find stability sooner. Opinions aside, as a trader and investor, I am only interested in ONE thing, and that is ORDER FLOW. As I mention to...
In 4/17/2020 5$ calls, .04$ basis. In 10/16/2020 5$ calls, .1$ basis. In 10/16/2020 7.5$ calls, .037$ basis. Let 'er rip!