Sell signal · week 4
Costco week 4: double bottom in the 938 area, decline awaits confirmation
Sell signal · week 4
In Summary
Costco is in week 4 of a sell signal, with the last 3 observation weeks closing sideways and the signal still unconfirmed by the market. A double bottom has formed in the 938 area on the daily chart, with a 6% intermediate rebound underway: the decline holds on a structural level, but daily price action is sending mixed signals that make the read less straightforward.
IQS Phase
77
in tension
Signal Strength
19
indecisive week
Sizing
MINIMUM
Ranking
#26 / 131
US stocks
Trade P&L %
+0.40%
from signal to today
restricted Platinum content