Costco Wholesale
Short
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COST with Strong Resistance Divergence

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**Costco (COST)** has not yet reported its results for the quarter ending in November 2024. The results are expected to be released on **December 12**.
This warehouse club operator is expected to post quarterly earnings of **$3.79 per share** in its upcoming report, which represents a year-over-year change of **+8.9%**. The consensus EPS estimate for the quarter has been revised **0.1% higher** over the last 30 days to the current level.
Costco's revenues are expected to be **$62.37 billion**, up **7.9%** from the year-ago quarter.
For now its expected to have a dropp down twoard the lower channel supported by strong negaptive resistance in addtional it seems Options Market makers are looking to burn 955 and 1000 Call 29 Nov Contracts
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