COST Heading to Double top

Expecting at least a double top, look at the accumulation. Looks to me like the giant bull flag is now over.

Note

LOL, my timing couldn't be better on this one:
finance.yahoo.com/m/22ed6e91-28a9-32fa-afdd-1d19ba33c801/costco's-december-sales.html

Note

Same store sales up 9% in December if you don;t like to follow links. Up $2AH, assume a short squeeze tomorrow.

Note

WInning. Realized I bought Jan 10 calls so flipping on open. Not the worst mistake but I was planning on buying Jan 17 calls.

Trade closed manually

I had this boss once when I worked as an automotive engineer who nicknamed me "Easy Money". He was right, I took the easy money and ran.

Note

To be honest, I don't know if it wants a double top or not, I decided to stay out because I took the easy money.

Note

I'm not in this anymore, but it looks like it's still headed there.

Note

Congrats if you held....

Looked to me like it was gonna drift for a few days, but you can't predict analyst upgrades, oh well.

hungry_hippo

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

hungry_hippo