Costco Wholesale
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$COST Breaking Out?

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I posted this chart on May 3, 2023, and said that it could go either way. Looks now like the market is taking it up and out of this wedge. Earnings are past so it is safe to make a move without too much volatility, IMO. I will look to go long on this into today’s close if it holds near its daily high (40 minutes to go). I will have my stop just below today’s low.

I have a link at the bottom to the last post on 5/3.

Ideas, not investing / trading advice. Thanks for looking. Constructive comments welcome.
Dagangan aktif
Starter position (1/4 size) @ 511.98. Let's see what happens.
Soft stop just below day low (502.10)

Penafian

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