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27.05.25 - 04:03
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$COST earnings short, possible uptrend selloff (TradingView)
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(Sorry for mobile charts/posts)
NASDAQ:COST Hello, looking at multiple time frames on Costco I am going to take a stab at a short. This name isn't unfamiliar with big moves so an 8% to 10% move could take place here on earnings forecast. Granted, they could not divulge any details but I think that wouldn't be good and amidst the tariff rhetoric which has been the narrative for retail names could add headwind. 6/6 $900p is what I will take a stab at. 1 contract will suffice as there could be a good R/R especially if you hedge. If you look at the Monthly chart this thing is bought up heavily. I am going to try and get a good entry so I'm not risking what I may feel is too much on an earnings “lotto.” $100-$150 on a contract will be good in my book.
WSL
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13.05.25 - 06:45
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COSTCO: 4 touches/rejections. Can we pop over gap? (TradingView)
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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!
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09.05.25 - 17:36
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Costco (COST) Breakout Alert! Ready to Soar? (TradingView)
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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 juicy 2.47, with a stop at $919.88 to protect against downside.
Why I'm Excited:
Strong momentum with higher highs and higher lows.
Ichimoku Cloud support below, showing bullish trend continuation.
Buy signals (green triangles) aligning perfectly with the breakout.
Trade Plan:
Entry: $1,003.41 (current price)
Target: $1,052.87 (+4.91%)
Stop Loss: $919.88 (-1.99%)
What do you think—bullish or bearish on COST? Drop your thoughts below, like if you're in on this trade, and share with your trading crew! Let's get the convo going!
#Costco #Bullish #Breakout #Trading #Investing
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17.03.25 - 08:45
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Costco COST Approaching Key Support – A Swing Trade Opportunity? (TradingView)
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Costco Wholesale Corporation (COST) is testing its 200-day moving average, an area that historically acts as key support. While this is not yet an official swing trade, the technical setup is worth watching. The stock has been in a strong uptrend for months, but recent weakness has brought it back to a crucial level where buyers may step in.
Technical Analysis: Is COST Setting Up for a Reversal?
200-Day Moving Average Support – COST is currently testing its 200-day MA, a critical level where institutional buyers often step in. A successful hold here could trigger a bounce back toward previous highs.
Oversold RSI – The Relative Strength Index (RSI) has dropped into oversold territory, a rare occurrence for Costco, signalling a potential rebound.
PPO Divergence – The Percentage Price Oscillator (PPO) is showing early signs of a potential bullish reversal. If momentum picks up, we could see a rally in the short term.
Key Resistance Levels – If COST bounces, initial targets would be $930-$950 (100-day MA backt
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28.02.25 - 15:03
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Implied Volatility Action For Costco (TradingView)
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Sorry no video today but, I am looking at Costco For an earnings play in options. I'll be targeting the 20 delta calls end the week of their earnings and I will be exciting the day of earnings (they accounted after market close). The idea here is that theta decay will be out weighed by implied volatility.
The chart itself is showing strength but, the daily has a potential anti pattern setting up. So knowing when we are incorrect is imperative.
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