10Jan

Costco Wholesale Corp.(COST:NASDAQ) Elliott Wave Technical Analysis 10 January 24

Costco Wholesale Corp., Elliott Wave Technical Analysis

Costco Wholesale Corp., (COST:NASDAQ): 4h Chart 10 January 24

COST Stock Market Analysis: We have been monitoring the upside into wave 3 ever since the pullback in Minor wave 2. Looking for additional upside into wave {v} of 3 as we have an incomplete five wave sequence. 1.618 of 3 vs. 1 stands at 724$.  

COST Elliott Wave Count: Wave {v} of 3.  

COST Technical Indicators: 20EMA as support.  

COST Trading Strategy: Looking for a break of wave (b) to then looking for longs.  

TradingLounge Analyst: Alessio Barretta

Source: Tradinglounge.com get trial here!

Costco-4Hr-Stock-Cha...

 


 

Costco Wholesale Corp.,, COST: 1-hour Chart 10 January 24

Costco Wholesale Corp., Elliott Wave Technical Analysis 

COST Stock Market Analysis: We seem to be having a wave (i) and (ii) in place as we found support of 650$. This up move could also be scaled down one degree, and could become i and ii.  

COST Elliott Wave count:  Wave (ii) of {v}.

COST Technical Indicators: Above all averages.

COST Trading Strategy: Looking for a break of wave (b) to then looking for longs.

Costco-1Hr-Stock-Cha...

Related

DOGEUSD Elliott Wave Technical Analysis: Stay Updated with Short-term Forecasts and Trading Strategies for Dogecoin

DOGEUSD Elliott Wave Technical Analysis: Stay Updated with Short-term Forecasts and Trading Strategies for Dogecoin

This article provides a detailed Elliott Wave analysis of Dogecoin (DOGEUSD), offering insights into...

Read More >
Bitcoin Crypto Price News Today through Comprehensive BTCUSD Elliott Wave Technical Analysis

Bitcoin Crypto Price News Today through Comprehensive BTCUSD Elliott Wave Technical Analysis

Gain insights into the Bitcoin price prediction through comprehensive BTCUSD Elliott Wave analysis. ...

Read More >
Dogecoin Crypto Price News Today - Elliott Wave Analysis of Dogecoin/USD (DOGEUSD) A Comprehensive Guide

Dogecoin Crypto Price News Today - Elliott Wave Analysis of Dogecoin/USD (DOGEUSD) A Comprehensive Guide

This article offers a comprehensive look at the Dogecoin (DOGEUSD) market through the lens of Elliot...

Read More >
Vanguard Australian shares Index V300AEQ ETF UNITS – VAS Stock Analysis & Elliott Wave Technical Forecast

Vanguard Australian shares Index V300AEQ ETF UNITS – VAS Stock Analysis & Elliott Wave Technical Forecast

This detailed analysis covers the ASX ETF VAS (V300AEQ), focusing on Elliott Wave trends, technical ...

Read More >
Asian Paints Elliott Wave Technical Analysis: Share Price Forecast, Financial Overview, Earnings Reports & Market Trends

Asian Paints Elliott Wave Technical Analysis: Share Price Forecast, Financial Overview, Earnings Reports & Market Trends

Asian Paints share price movements, technical analysis, and future stock forecasts guides to cover f...

Read More >

$1 for 2 Weeks

then $29 a month!

What a Special Offer!

Trade Recommendations

Unleash the power of deversified trading with our comprehensive portfolio, covering 250+ markets:

  • Stock Trades
  • Crypto Trades
  • Forex Trades
  • Commodity Trades
Elliott Wave Analysis

Gain a competitive edge with expert insights and AI-powered Elliott Wave charting into:

  • Global Indices
  • US Stocks & ASX Stocks
  • Forex & Crypto
  • Commodities
Top-Notch Trading Tools

Equip yourself with the tools of success:

  • Real-time Chat rooms
  • Elliott Wave Algorithm
  • Portfolio tools
  • TradingLevels
  • Screener
  • Trading Game
7 Elliott Wave Analysts

Stay ahead of the market with daily charts and insightful videos
Your secret to strategic trading!

JOIN HERE


Welcome to TradingLounge (ASIC A.R.No. 321187), specialists in trades, trading education and technical analysis, covering stocks, indices, commodities, forex and cryptocurrencies.

When you join TradingLounge you have access to everything we offer, including trade tools, educational content and a social platform to chat with like-minded investors.

Read more

@Copyright 2024 by tradinglounge.com

Contact Us

Australian no: 02 4787 6020

International no: +61 (2) 47876020

Pay with:

Find us on