Jonathan-Remy

COSTCO (Long Term) Buying Opportunity

Long
NASDAQ:COST   Costco Wholesale
COSTCO WHOLESALE,
- Market cap of 150+ B
- In my opinion, this is a great long-term old, one company with rising sales in eCommerce and in physical stores.
- In the past few weeks the price of COST had a correction of 10%.

- The RSI is almost oversold on the daily.
- MACD showing exhaustion of selling on the daily.
- 50 SMA about to get hit
- Price about to hit weekly support of 350$
- Parallel channel about to get it

Clause de non-responsabilité

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