Costco (COST) Breakout Alert! Ready to Soar?
Hey traders! Check out this bullish setup on Costco Wholesale (COST) . The stock just broke out above key resistance at $987.72 after a solid consolidation phase, with a clear target of $1,052.87 (+4.91% potential gain). The risk-reward ratio here is a juicy 2.47, with a stop at $919.88 to protect against downside.
Why I’m Excited:
Strong momentum with higher highs and higher lows.
Ichimoku Cloud support below, showing bullish trend continuation.
Buy signals (green triangles) aligning perfectly with the breakout.
Trade Plan:
Entry: $1,003.41 (current price)
Target: $1,052.87 (+4.91%)
Stop Loss: $919.88 (-1.99%)
What do you think—bullish or bearish on COST? Drop your thoughts below, like if you’re in on this trade, and share with your trading crew! Let’s get the convo going!
#Costco #Bullish #Breakout #Trading #Investing
Hey traders! Check out this bullish setup on Costco Wholesale (COST) . The stock just broke out above key resistance at $987.72 after a solid consolidation phase, with a clear target of $1,052.87 (+4.91% potential gain). The risk-reward ratio here is a juicy 2.47, with a stop at $919.88 to protect against downside.
Why I’m Excited:
Strong momentum with higher highs and higher lows.
Ichimoku Cloud support below, showing bullish trend continuation.
Buy signals (green triangles) aligning perfectly with the breakout.
Trade Plan:
Entry: $1,003.41 (current price)
Target: $1,052.87 (+4.91%)
Stop Loss: $919.88 (-1.99%)
What do you think—bullish or bearish on COST? Drop your thoughts below, like if you’re in on this trade, and share with your trading crew! Let’s get the convo going!
#Costco #Bullish #Breakout #Trading #Investing
交易結束:目標達成
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