Earnings for Costco aren’t scheduled to be released until May 24, 2018, but COST’s stock looks like it is ready to break higher out of its latest consolidation pattern. Here are the charts …
COST – Daily Chart
Everything on my chart indicators points to COST making a move higher here … I am long June monthly call options and plan on trading the stock going forward here as it begins to get some mojo. Here is a closer look at the break higher with the 195-minute chart.
COST – 195 Minute Chart