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
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
Dagangan ditutup: sasaran tercapai
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.