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Costcobuy

Breaking: COSTCO Shares Dip 2% In Premarket Amidst Earnings MissCostco Wholesale Corporation (NASDAQ: NASDAQ:COST ), together with its subsidiaries, engages in the operation of membership warehouses in the United States, reported fiscal second-quarter sales that topped analysts’ estimates, but earnings missed as costs rose. The membership-based retailer saw revenue rise 9% year-over-year to $63.72 billion, above the analyst consensus from Visible Alpha. However, Costco's net income of $1.79 billion, or $4.02 per share, missed expectations, despite rising from a year earlier. The results came as merchandise costs rose 9%. The period marked the company’s second quarter since its membership fee hike went into effect in September. Revenue from membership fees rose 7% year-over-year to $1.19 billion, though executives previously said they expect the impact on margins to be weighted to the back half of the fiscal year and into fiscal 2026. Technical Outlook Shares of Costco slid 1.5% in after-hours trading Thursday following the release extending the lost to premarket trading hours, with the asset down 2.02% in Friday's premarket session. For Costco shares, the immediate support lies within the 1-month low axis. Should Costco shares face selling pressure the 1-month low should serve as a point of reprieve for Costco shares. With the RSI at 50 a breakout above the 1-month high should spark a bullish reversal for Costco shares respectively.
NASDAQ:COST
by DEXWireNews
After-Hours Update: COST 50% Retracement Break-Up?COST has been trading below it's most recent 200 Candles right around the $951.64 Price Level, currently consolidating and presenting an additional opportunity to get around that lower trend level (Bottom Purple) to ride this into the year. With the planned Tariffs, we plan for that to be handed down to the consumer ultimately, causing a potential continued rise in Consumer Goods through it's Cyclical Rotation throughout 2025. Getting into things like COST, WMT, TGT and KR (which we reported on yesterday) could provide some great performance in a longer-term hold and nice returns along the way. Let's see what #2025 has to bring to the table! Otherwise, connect with us everywhere you are in the meantime by visiting our website to access more of our Premium Personal Budgeting & Investment Portfolio Management Solutions to get started investing, as well as, optimize your potential for a better financial future at @MyMIWallet!
NASDAQ:COSTLong
by MyMIWallet
$COST Keeps the Momentum going Despite Market Volatility Despite market Volatility NASDAQ:COST is exhibiting a bullish bias based on the following indicators: Price Momentum COST is trading near the top of its 52-week range and above its 200-day simple moving average. NASDAQ:COST is trading above all of its moving Averages indicating a Bullish Bias. NASDAQ:COST 50-day Moving Average is above the 200-day moving average also indicating a Bullish Bias. NASDAQ:COST 50-day Relative strength index is 63.59% higher than the 100-day RSI at 58.84%. What does this mean? Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
NASDAQ:COSTLong
by DEXWireNews
Costco the case for higher highs maybe probableHI guys. This is an analysis thread to assess the technical developments found in Costco. I will layout some general findings on the macro scale, then update as new developments proceed in the technicals for COST. The purpose is to provide unbiased TA opinions, where i give both bearish or bullish cases depending on facts in charts to help make informed trading/investing decisions. Initial analysis will be on the 1 week timeframe. First things first. The 2 Ascending triangle patterns found. A blue one A black one Notice the Black triangle, this is a larger or more influential pattern developing since May 2022. It holds more wait if signs show we a breaking out of this. Targets would be $680-720 range. Confirmation of a test of support Above the horizontal upper black trendline is needed. This would indicate a continuation of COST previous uptrend, as Ascending triangles when confirmed are strong continuation patterns. The smaller Blue Ascending triangle seems like a intermediate term consolidation area as well. Notice how prices have consolidated Above the Black horizontal trendline of the bigger triangle, for weeks. We have closed Last week ABOVE Blue triangle. We must await confirmation of this breakout. This could mean we are breaking out of both Triangles. Look also to the 21 EMA (Purple colored moving average). We have recently bounced off of a support test. This is a great sign. This can be a future support test area also. But i always look at it as a level of defence. It has moved up to the $550 level. Overall, $550 level is critical support level now. Below it we go back into the larger ascending triangle, if we do go back below, this would indicate a fakeout. An important thing to observe is VOLUME. For this move to follow through, we must see an increase or spike in volume. Which currently doesn't seem like its there. Which could lead to a fakeout. So we must pay attention. Remember Volume can really make or break a move especially a chart pattern. Momentum indicators STOCH RSI and MACD are showing signs of bullishness STOCH RSI has a BULLISH CROSS. MACD is attempting to cross Bullish. If MACD crosses, this will give signs that uptrend is now more likely. Taking positions must be done after COnfirmation or a decisive move Up. Never take positions inside of a chart pattern, always consider entering after confirmation of breakout. __________________________________________________________________________________ Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again. Stay tuned for more updates on COST in the near future. If you have any questions, do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
NASDAQ:COSTLong
by SafofAllTrades