Long COST into earningsDaily RSI is at levels it hasn't seen since 2016. This obviously isn't especially bullish, but these oversold conditions sets this up for a great relief rally lotto.
So far the pitchfork has been respected and the gap to 318 has been filled.
The risk/reward seems too good to pass up.
COST trade ideas
COSTO SWINGLOOK FOR AN ENTRY AT PULLBACK, I'M IN COSTCO LONG TERM.
1. MOST IMPORTANTLY - IT'S A FANTASITC COMPANY, I LOVE SHOPPING THERE, I LOVE THAT BUFFET AND CHARLIE ARE HUGE COSTCO BULLS TOO
2. RSI IS MOVING FROM OVERSOLD
3. MAC D IS BULLISH
4. THE 200 AVERAGES WILL BE THE RESISTANCE WE SELL OFF ON, THIS WILL PROVIDE AN OUTSTAND RENTRY OR ENTRY DEPENDING ON WHAT YOU'RE DOING, A BREAK ABOVE IS WHAT WE ARE REALLY LOOKING FOR.
THE REAL MONEY WILL BE MADE IN A LONG TERM SWING TRADE HERE, BUT YOU CAN BE CONFIDENT IN YOUR POSITION, AND MOST IMPORTANTLY, SLEEP WELL AT NIGHT.
COST (NASDAQ) - Define the time factor using GANN Angle TeoryGreetings
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, feel free to send us message (inbox).
Pra Trading :
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position and do not do nothing if u see opportunity
- Evaluate and upgrade your trading plan
Execution Strategy :
- Know what you want to buy, see the Fundamental
- Decide that you are on investing or speculating
- Consider what your strategy based on Investing/Speculating
- Make Road Map Of Your Trading Plan
- Decide
a. Entry strategy
b. Cut loss
c. Target of Profit
Post Trading :
a. Do not be sad if you loss or do not be very happy if you win
b. Just become a normal without emotion, Do not put emotion into your trading
c. Evaluate your trading
d. Keep on Learning
e. Be Humble
Idea :
COST (NASDAQ) - Define the time factor using GANN Angle Teory
How much COST to the moon?COST followed fibonacci levels in the recent past, reaching its minimum and then bouncing back up.
I draw its possible future path, that can go much over the highest price ever reached.
In my opinion, this is a great buy opportunity for a medium-long term holding.
In case the STOP LEVEL will be crossed down, I will close and reverse the position.
COST (NASDAQ) - Be Carefull for Bearish TrendGreetings
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, do not be hesitant to send us message (inbox). Our Service : Signal recomendation, Trading Course, Portofolio Consultation for multi asset such as Stock, FX, Derivative, Crypto, etc. If u are newbie on the stock market, do not be hesitant to contact me at Private Message. Our Job is to make u Prof trader and proftable trader.
Strategy
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position
- Evaluate and upgrade your trading plan
BA (NYSE) - Bullish Trend
$COST with a bullish outlook following earnings #StocksThe PEAD projected a bullish outlook for $ COST after a negative over reaction following its earnings release placing the stock in drift C
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