Trade Idea – Costco

On 30 September 2016 Costco (ISIN: US22160K1051) position has been stopped out at USD 153.30, the realized minor return of 1.46% (unannualized) covered the trading fees.

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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.

 

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