Cost completed a wave 4 triangle since the ath .. now a 100+ move is expected once the triangle breaks .

Today market was very weak, however, COST(Costco stock) was bullish and rising higher on a true volume. It will continue going up, a good trade to make money. According to my Trade Navigator model — a data-driven system that tracks breakout momentum and overall market strength; the readings remain elevated, suggesting that bulls still have room to run for COST. #COST #stocks #TradeNavigator #Momentum #DayTrading #StockTrading

NASDAQ:COST : An interesting pattern might be forming since its February all-time high (ATH). It could be developing into a flat structure with an ABC pattern, and the wave (C) seems to be taking the shape of a wedge. So far, the weekly candlestick is printing an inside week.

In the context of the current bullish trend, I prefer to hold off on making an entry until there is a clear indication that the trend will persist. It's important to note that this strategy reflects my individual viewpoint and should not be considered as investment advice. Good luck with your trading decision! Remember to stay informed and analyze market conditions thoroughly before making any moves. Understanding the broader macroeconomic factors and keeping an eye on key indicators can provide valuable insights. Stay disciplined, trust your strategy, and always be prepared to adapt as the market evolves. Happy trading!

914.27 ENTRY grabbing shares only based on a GOLDEN Signal and appears to be sitting on support (almost out of negative momentum too) 980++ TP - TIMELINE 1-3 MONTHS 850 SL for now (but will raise as trade goes our way)

The price has now touched a major support level, one that has already proven its strength multiple times in the past. Each time price reached this zone, it reversed strongly to the upside, showing that buyers consistently step in here. From my perspective, I think the same scenario could play out again — with the support holding and price starting another reversal move upward, just as it has done in the previous touches. 🎯 Conclusion: My view leans bullish — Costco is sitting on a strong historical support, and I expect a potential reversal from here, similar to prior reactions. Still, markets are unpredictable, and this remains only my view.

Costco (COST) has posted another strong fiscal year, with revenue climbing to $86.2B and net income up to $5.49B. However, the weekly chart is showing a developing head-and-shoulders pattern threatens the upside momentum, and price must hold above 871 with a rejection candle this week to avoid a deeper breakdown. A close below that level could confirm bearish continuation, despite Costco’s solid fundamentals. N.B! - COST price might not follow the drawn lines . Actual price movements may likely differ from the forecast. - Let emotions and sentiments work for you - ALWAYS Use Proper Risk Management In Your Trades #cost #nasdaq #nyse

Costco bullish triangle pattern break out. Costco earnings will complete triangle pattern

My personal thoughts on COST. I always have my 3 step rule before entering a trade or a reason why i believe in the direction. 1. We have a weekly head and shoulders 2. Closing out and rejecting the upside on the daily and currently working on the weekly candle. 3. Fib target of 923.36. From a lot of back testing the levels are respected where the strength of direction. In this case its downside. I am not genie! Just taking from what I've learned over the years! If we break these smaller supports it definitely has a shot at 863

My personal thoughts on COST. I always have my 3 step rule before entering a trade or a reason why i believe in the direction. 1. We have a weekly head and shoulders 2. Closing out and rejecting the upside on the daily and currently working on the weekly candle. 3. Fib target of 923.36. From a lot of back testing the levels are respected where the strength of direction. In this case its downside. I am not genie! Just taking from what I've learned over the years! If we break these smaller supports it definitely has a shot at 863