Trade Idea – Costco

During this week the share price of Costco (ISIN: US22160K1051) eliminated its 2016 ytd performance and now it is in significantly oversold territory (14d RSI <20). It offers double digit upside based on analysts’ consensus with above one percent estimated dividend yield. Long position has been open at USD 151.10 on 9 September 2016.

 

image

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s