COST - CostCo - PARABOLIC CURVE COMING TO AN END?Interesting to hear peoples thoughts on this. If you know what I am talking about it will become obvious that this arc might/could end soon. Hard to say with stocks like costco because of their obvious growth nature. In fact, might be more positive during these financial times using costco for bulk/saving money vs others. In general some studies show that parabolic arcs typically retrace 62%.
Of course CostCo is a great/money saving company. However, what goes up must come down. The best stocks/ BTC all do at some point. Any news or bad PR I could see COST getting demolished due to the parabolic nature on the monthly cart.
Let me know your thoughts.
COST trade ideas
COST10.31.21 COST the lines and the tools suggest that Costco is at a reversal point although there is no sign of sellers yet. I am sorry for my in inability to articulate some of my points clearly. Here are some references so that you can do your own research: A: Force majeure is a contract clause that removes liability for catastrophic events, such as natural disasters and warfare. B: (from Google search) Your Bank Deposits are Unsecured Loans to the Bank and Subject to Confiscation C: ShadowStats :http://www.shadowstats.com/article/hyperinflation
COST pullback before $500?COST has been on a strong uptrend all week with no pullback. October 22nd there was a strong rejection at the 2.618 and the whole bearish pin is outside of the BB. Looks bearish for the next week, bulls could be waiting for one last push to $500 before bearish reversal. Looking for conformation October 25th.
Price Target One: $469.80
Price Target Two: $459.97
COST DEFYING ODDS!!!!Costco just will not stop man!!!!!
Just imagine entering above 393 4 months ago. It's up almost 100 points.
#COST got on my radar when it was trading around the 360 area. I made money on it here and there but honestly, I remember awhile back I wanted to enter above 420 for 440 calls long term and neveeeerrr did!!
Needless to say I missed out on a ton of profit with Costco. Even at an entry at 420, I still could have managed out a 65 point move. Totally missed the majority of my entries. Oh well, live to trade another day.
Here on the weekly, #COST is breaking AGAIN with MOMENTUM!! The Daily is a bit overextended for me to feel comfortable with a Swing right now, being that I missed the entry. I will be watching for some type of correction or retest on the Daily timeframe around 470 before I decide to play it.
But COST has proven to be an absolute beast in its sector hands down.
Waiting for Bullish MoveI like COST a lot for its steady growth and non volatile movement.
I expect that this stock will be bullish soon for the upcoming holidays.
Ideally I want the price to raise above the orange line to create a clear breakthrough, from there I can just buy and hold until the trend ends.
$COST with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $COST after a Positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 66.67%.
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
COST on WatchLike the looks of the Friday candle post earnings. Hoping for a pull back into the green box be for a move back up. Really want see price hold the upper 30% of the big candle. Targets would be ATH and then fib extension. Pretty much an inflation play as it's hard to find lower prices than Costco anywhere.
COST looks to hit $500 before taperingCOST has been on a strong uptrend this past year, reaching $500 would be such a milestone, and it nearly had a breakout September 24
- COST double bottomed
+ rounded volume is a good indication
+ high levels volume after earnings changing the momentum
- Stochastic Slow plot line crossed signal line
A close above $468 would be official conformation of a breakout; which looks to happen September 27.
** the arrow was showing curve in volume
Cómo funciona EP TREND HEATMAPHola a todos, en esta ocasión explico el funcionamiento de un nuevo indicador, EP Trend Heatmap (mapa de color de tendencia).
Es un indicador que muestra de forma simultánea la tendencia en varios timeframes, de forma que nos da una visión de conjunto de la situación del activo, ayudándonos a tomar decisiones con más seguridad.
Se relaciona estrechamente con otro indicador, EP PRISM, que se basa en las mismas medias.
EP Trend Heatmap muestra algunos patrones muy interesantes que nos ayudan a encontrar zonas de entrada en compra bastante seguras. Muy interesante el patrón "cielo despejado" que comentamos en el vídeo.
Este indicador puede tomarse también como filtro adicional para las llamadas a compra del indicador EP PRISM. A pesar de que estas señales son por si mismas muy eficaces, nunca bien mal una "segunda opinión" que nos permita tomar decisiones con más seguridad.
Espero que os guste!