$COST looks set for a breakout

181
COST showed strength last Friday when market was selling off and it looks primed to break all-time high resistance of 314.28. The stock has been accumulating heavily since last earnings and has broken out of the consolidation range of 290-300 recently. Investors are looking to add to value names due to current market sentiment and stocks like COST, WMT, etc. fit the criteria especially since they are household names and have been lagging spy. I'm looking for COST to break resistance this week and possibly run to 325+ leading to ER.

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.