Costco's most recent trend suggests a bullish bias. One trading opportunity on Costco is a Bull Put Spread using a strike $172.50 short put and a strike $167.50 long put offers a potential 21.65% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $172.50 by expiration. The full premium credit of $0.89 would be kept by the premium seller. The risk of $4.11 would be incurred if the stock dropped below the $167.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Costco is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Costco is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Costco
With fewer people at the mall, retailers see customer satisfaction ratings rise
Wed, 01 Mar 2017 01:40:12 GMT
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Tue, 28 Feb 2017 22:59:00 GMT
Costco, Dillard’s Top List of Consumer Favorites
Tue, 28 Feb 2017 21:43:00 GMT
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Tue, 28 Feb 2017 18:05:00 GMT
Today's chart: Target shares tumble on earnings miss
Tue, 28 Feb 2017 17:14:51 GMT
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