Potential Top in CostcoCostco Wholesale has been quietly limping, and some traders may see downside risk in the big-box retailer.
The first pattern on today’s chart is the June low of $973.90. COST made lower highs while trying to hold that level but is now sliding below it. That may be viewed as a potentially bearish tr
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581.25 THB
250.49 B THB
8.65 T THB
442.63 M
About Costco Wholesale
Sector
Industry
CEO
Roland M. Vachris
Website
Headquarters
Issaquah
Founded
1983
ISIN
TH8483122306
FIGI
BBG01V583D96
Costco Wholesale Corp. engages in the provision of operation of membership warehouses through wholly owned subsidiaries. It operates through the following geographical segments: United States, Canada, and Other International Operations. The company was founded by James D. Sinegal and Jeffrey H. Brotman in 1983 and is headquartered in Issaquah, WA.
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Costco has broken down from a rising trend Costco has broken down from a rising trend with increased volume and a significant price drop exceeding 3%.
The trendline has not been retested after the breakdown, but a retest is not required.
The price has support around 910 and 875.
There is a declining RSI(21) and negative volume balance over t
Costco Wave Analysis – 16 July 2025
- Costco broke the support area
- Likely to fall to support level 940.00
Costco recently broke the support area located between the pivotal support level 970.00 and the 50% Fibonacci correction of the upward impulse from April.
The breakout of this support area accelerated the C-wave of the activ
Costco is in the Wyckoff distribution phaseThis Week (July 8 - 11):
Support: The immediate floor is at $965. Below that, the low from the initial sell-off around $955 is critical.
Resistance: The 20-day moving average (that green line) at ~$992 is the first ceiling. If it gets frisky, look for sellers to appear at $1,030.
Next Month (July
Costco: Strong Membership Model Suggests Bullish Upside Current Price: $987.02
Direction: LONG
Targets:
- T1 = $1,016.00
- T2 = $1,032.00
Stop Levels:
- S1 = $957.00
- S2 = $940.00
**Wisdom of Professional Traders:**
This analysis synthesizes insights from thousands of professional traders and market experts, leveraging collective i
COST Daily Chart Analysis: Key Levels, and Price StructureCostco Wholesale Corporation (COST)
Historical Context and Trend Channel:
From September 2024 through early 2025, COST was observed trading within a well-defined upward channel (indicated by the grey shaded areas). This channel represented a consistent bullish trend during that period. Howeve
COST ABC Structure CompletedThe ABC correction may have completed, with the final C leg forming inside a diagonal structure. A sharp drop started from $1,066. Traders should wait for a potential corrective reaction before entering a short position.
It's important to note that as long as the diagonal channel remains intact, th
Costco Wave Analysis – 5 June 2025
- Costco reversed from the resistance zone
- Likely to fall to support level 985.00
Costco recently reversed down sharply from the resistance zone located between the key resistance 1080.00 (which stopped the previous impulse wave 5) and the upper weekly Bollinger Band.
The downward reversal from
COST Short – Double Top Rejection with Bearish CCI SignalNASDAQ:COST
📅 Entry: June 5, 2025
📉 Price: 1,055
✋ Stop: 1,078
🎯 Target: 1,013
⚖️ Risk-Reward: 1:2
✅ Status: Target hit earlier than expected
🧠 Trade Idea:
COST tested a major resistance zone at 1,078 — aligning with:
A historical horizontal resistance
The top boundary of a rising channel
Meanwhi
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
COST4977644
Costco Wholesale Corporation 1.75% 20-APR-2032Yield to maturity
4.76%
Maturity date
Apr 20, 2032
COST4977643
Costco Wholesale Corporation 1.6% 20-APR-2030Yield to maturity
4.43%
Maturity date
Apr 20, 2030
COST4495548
Costco Wholesale Corporation 3.0% 18-MAY-2027Yield to maturity
4.25%
Maturity date
May 18, 2027
COST4977642
Costco Wholesale Corporation 1.375% 20-JUN-2027Yield to maturity
4.05%
Maturity date
Jun 20, 2027
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