15 January, 2020
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COST Costco Wholesale Corporation Price Action Charting
Study Costco Wholesale Corporation stock chart price action and year high low.
Look left and think right. Manage your expectation.
See chart, picture worth a thousand words.
Look back last three years price action using box boxing year high low. See chart. The price action like walking up the stairs.
Check again on price action, 2017 high become 2018, and 2019 low, support.
See H M Gartley pattern too, ABCD pattern.
Trade with your eyes open.
Moses Stock Observation
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Disclaimer
The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.
These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.
Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.