07Nov

Costco Wholesale Corp.(COST:NASDAQ) Elliott Wave Technical Analysis 7 November 23

Costco Wholesale  Corp., Elliott Wave Technical Analysis

Costco Wholesale  Corp., (COST:NASDAQ): 4h Chart 7 November 23

COST Stock Market Analysis: We have been stuck in this correction in wave 2 for a while, as it became a double correction. It looks like we could have found support on 550$ and we are now resuming higher. Invalidation would stand on the bottom of wave 2.  

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

COST Technical Indicators: In between averages.

COST Trading Strategy: Looking for upside into wave 3.  

TradingLounge Analyst: Alessio Barretta

Source: Tradinglounge.com get trial here!

Costco-Stock-4Hour-c...

 


 

Costco Wholesale  Corp., COST: 1-hour Chart 7 November 23

Costco Wholesale  Corp., Elliott Wave Technical Analysis

COST Stock Market Analysis: We are looking at wave {i} unfolding to the upside. Given the steepness of the up move, it seems to be trend establishing. Looking for a series of threes and fours.  

COST Elliott Wave count:  Wave iii of (iii).

COST Technical Indicators: Above all averages, 20 and 200EMA crossed.  

COST Trading Strategy: Looking for longs into wave {i}.

Costco-Stock-1Hour-c...

 

Related

Uniswap Crypto Price News Today: UNIUSD Elliott Wave Technical Analysis, Price Prediction, and Trading Insights

Uniswap Crypto Price News Today: UNIUSD Elliott Wave Technical Analysis, Price Prediction, and Trading Insights

This article provides an in-depth Elliott Wave analysis of Uniswap (UNIUSD), focusing on key technic...

Read More >
VAS Stock Analysis & Elliott Wave Technical Forecas: Vanguard Australian Shares Index ETF (V300AEQ) UNITS

VAS Stock Analysis & Elliott Wave Technical Forecas: Vanguard Australian Shares Index ETF (V300AEQ) UNITS

This article provides an in-depth Elliott Wave analysis of the ASX V300AEQ ETF (VAS), highlighting k...

Read More >
Comprehensive Insights on ASX LIMITED - ASX Stock Analysis & Elliott Wave Technical Forecast

Comprehensive Insights on ASX LIMITED - ASX Stock Analysis & Elliott Wave Technical Forecast

Stay updated with comprehensive insights on ASX Limited stock. Explore the current stock price, deta...

Read More >
DOGEUSD Elliott Wave Technical Analysis TradingLounge Daily Chart, 12 October 23

DOGEUSD Elliott Wave Technical Analysis TradingLounge Daily Chart, 12 October 23

DOGEUSD Elliott Wave TradingLounge Technical Analysis - DOGEUSD Elliott Wave Analysis Daily Chart, E...

Read More >
Unlocking ASX Trading Success: V300AEQ ETF UNITS – VAS Stock Analysis & Elliott Wave Technical Forecast

Unlocking ASX Trading Success: V300AEQ ETF UNITS – VAS Stock Analysis & Elliott Wave Technical Forecast

Explore our comprehensive Elliott Wave ASX: V300AEQ ETF UNITS – VAS analysis. Understand the major ...

Read More >
Shanghai Composite Index Elliott Wave Technical Analysis: Focusing on Corrective Waves, Market Trends, and Future Price Predictions

Shanghai Composite Index Elliott Wave Technical Analysis: Focusing on Corrective Waves, Market Trends, and Future Price Predictions

This article provides a detailed Elliott Wave analysis of the Shanghai Composite Index, focusing on ...

Read More >

Buy 1 Month

Get 3 Months!

Special Offer:

Trade Recommendations

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

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

Gain a competive edge with expert insights in to:

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

Equip yourself with the tools of success:

  • Social Chat
  • Elliott Wave Algorithm
  • Screener
  • TradingLevels
  • 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