Costco Wholesale Corp.(COST:NASDAQ) Elliott Wave Technical Analysis 14 November 23

Costco Wholesale Corp.,Elliott Wave Technical Analysis

Costco Wholesale Corp.,(COST:NASDAQ): 4h Chart 14 November 23

COST Stock Market Analysis: We have been looking for upside into wave 3 as has a three wave move into what seems to be Minor wave 2. Now looking for upside resumption as we managed to break previous highs.

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

COST Technical Indicators: Above all averages.

COST Trading Strategy: Looking for longs on the pullback in wave {ii}.

TradingLounge Analyst: Alessio Barretta

Source : Tradinglounge.com get trial here!

Costco Wholesale Corp., COST: 1-hour Chart 14 November 23

Costco Wholesale Corp., Elliott Wave Technical Analysis COST Stock Market Analysis: We see a potential five wave move into wave {i} as we are now seeing some RSI divergence which could reflect the potential wave (v) we are in, as well as we hit 580$.

COST Elliott Wave count: Wave (v) of {i}.

COST Technical Indicators: Above all averages.

COST Trading Strategy: Looking longs on the pullback in wave {ii}.

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Now looking for upside resumption as we managed to break previous highs. &nbsp;</p>\n<p><strong>COST Elliott Wave Count</strong>: Wave {i} of 3. &nbsp;</p>\n<p><strong>COST Technical Indicators:</strong> Above all averages.</p>\n<p><strong>COST Trading Strategy: </strong>Looking for longs on the pullback in wave {ii}.</p>\n<p><strong>TradingLounge Analyst: Alessio Barretta</strong></p>\n<p>Source : Tradinglounge.com get trial here!</p>\n<p></p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9e4c7ce87aab38bfa156fb5b99d7fc64\" tg-width=\"1020\" tg-height=\"545\"></p>\n<p></p>\n<p></p>\n<p></p>\n<p><strong>Costco Wholesale Corp., &nbsp;COST:</strong> 1-hour Chart 14 November 23</p>\n<p><strong>Costco Wholesale Corp., &nbsp;Elliott Wave Technical Analysis</strong> <strong>COST Stock Market Analysis:</strong> We see a potential five wave move into wave {i} as we are now seeing some RSI divergence which could reflect the potential wave (v) we are in, as well as we hit 580$.</p>\n<p><strong>COST Elliott Wave count</strong>: &nbsp;Wave (v) of {i}.</p>\n<p><strong>COST Technical Indicators</strong>: Above all averages.</p>\n<p><strong>COST Trading Strategy: </strong>Looking longs on the pullback in wave {ii}.</p>\n<p></p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4e3c7224dbc7ef8c081bdd3c5ec9c1f3\" tg-width=\"1020\" tg-height=\"545\"></p>\n<p></p></body></html>","htmlText":"<html><head></head><body><p><strong>Costco Wholesale Corp.,Elliott Wave Technical Analysis</strong></p>\n<p><strong>Costco Wholesale Corp.,(COST:NASDAQ)</strong>: 4h Chart 14 November 23</p>\n<p><strong>COST Stock Market Analysis</strong>: We have been looking for upside into wave 3 as has a three wave move into what seems to be Minor wave 2. Now looking for upside resumption as we managed to break previous highs. &nbsp;</p>\n<p><strong>COST Elliott Wave Count</strong>: Wave {i} of 3. &nbsp;</p>\n<p><strong>COST Technical Indicators:</strong> Above all averages.</p>\n<p><strong>COST Trading Strategy: </strong>Looking for longs on the pullback in wave {ii}.</p>\n<p><strong>TradingLounge Analyst: Alessio Barretta</strong></p>\n<p>Source : Tradinglounge.com get trial here!</p>\n<p></p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9e4c7ce87aab38bfa156fb5b99d7fc64\" tg-width=\"1020\" tg-height=\"545\"></p>\n<p></p>\n<p></p>\n<p></p>\n<p><strong>Costco Wholesale Corp., &nbsp;COST:</strong> 1-hour Chart 14 November 23</p>\n<p><strong>Costco Wholesale Corp., &nbsp;Elliott Wave Technical Analysis</strong> <strong>COST Stock Market Analysis:</strong> We see a potential five wave move into wave {i} as we are now seeing some RSI divergence which could reflect the potential wave (v) we are in, as well as we hit 580$.</p>\n<p><strong>COST Elliott Wave count</strong>: &nbsp;Wave (v) of {i}.</p>\n<p><strong>COST Technical Indicators</strong>: Above all averages.</p>\n<p><strong>COST Trading Strategy: </strong>Looking longs on the pullback in wave {ii}.</p>\n<p></p>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4e3c7224dbc7ef8c081bdd3c5ec9c1f3\" tg-width=\"1020\" tg-height=\"545\"></p>\n<p></p></body></html>","text":"Costco Wholesale Corp.,Elliott Wave Technical Analysis Costco Wholesale Corp.,(COST:NASDAQ): 4h Chart 14 November 23 COST Stock Market Analysis: We have been looking for upside into wave 3 as has a three wave move into what seems to be Minor wave 2. Now looking for upside resumption as we managed to break previous highs. COST Elliott Wave Count: Wave {i} of 3. COST Technical Indicators: Above all averages. COST Trading Strategy: Looking for longs on the pullback in wave {ii}. TradingLounge Analyst: Alessio Barretta Source : Tradinglounge.com get trial here! Costco Wholesale Corp., COST: 1-hour Chart 14 November 23 Costco Wholesale Corp., Elliott Wave Technical Analysis COST Stock Market Analysis: We see a potential five wave move into wave {i} as we are now seeing some RSI divergence which could reflect the potential wave (v) we are in, as well as we hit 580$. COST Elliott Wave count: Wave (v) of {i}. COST Technical Indicators: Above all averages. 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