Costco's most recent trend suggests a bullish bias. One trading opportunity on Costco is a Bull Put Spread using a strike $150.00 short put and a strike $140.00 long put offers a potential 6.5% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $150.00 by expiration. The full premium credit of $0.61 would be kept by the premium seller. The risk of $9.39 would be incurred if the stock dropped below the $140.00 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 at 39.05 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Costco
[$$] AmEx Chief's Mission: Get Millennials, Keep the Rich
Fri, 20 Oct 2017 09:30:19 +0000
Incoming American Express CEO Stephen Squeri is looking regain the cachet of the AmEx brand, both for millennials who don’t view it the same way as their parents and for established customers who have …
3 Stocks That Look Just Like Costco in 1982
Thu, 19 Oct 2017 21:49:00 +0000
The best is still far, far ahead for these three companies — and their investors.
Costco Wholesale Corporation Stock Isn’t Cheap Enough, Yet
Thu, 19 Oct 2017 17:17:41 +0000
Worries about the future are the primary reason that warehouse wholesaler Costco Wholesale Corporation (NASDAQ:COST) has seen its shares sink 12% since June. Department stores are sinking quickly, and many predict that grocers, including Costco stock, are next in line to be slaughtered.
Costco Wholesale Corp. :COST-US: Earnings Analysis: Q4, 2017 By the Numbers : October 19, 2017
Thu, 19 Oct 2017 12:38:16 +0000
Categories: Yahoo FinanceGet free summary analysis Costco Wholesale Corp. reports financial results for the quarter ended August 31, 2017. We analyze the earnings along side the following peers of Costco Wholesale Corp. – Dollar Tree, Inc., Dollar General Corporation, Big Lots, Inc. and Five Below, Inc. (DLTR-US, DG-US, BIG-US and FIVE-US) that have also reported for this … Read more
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See what the IHS Markit Score report has to say about Costco Wholesale Corp.
Thu, 19 Oct 2017 12:01:26 +0000
Costco Wholesale Corp NASDAQ/NGS:COST
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