Costco (COST) Stock | Bullish Reversal | Best Stock Picks Today 3-26-21
Good morning!
#tradelikeapro
Friday March 26, 2021.
Stock market volume increased with strong buying into the close.
If the SPY ETF breaks the recent 6 day down trend we could see many new swing trade setups.
Yesterday was a very solid day for day trading. Today we need the market to prove it's more than a one-day wonder. We need bullish follow through.
If buyers step back in, we'll seek new swing trades.
Video Chapters
0:00 Review of the previous 5 weeks of trading
0:33 Major Day Trading Divergence
1:19 Stock Market Top Down Analysis
2:08 YouTube #Shorts Update
2:45 Profit Taking Trading Strategies
3:06 Breakout Trades Results
4:40 Patience Pays
5:33 SPY ETF Analysis
8:16 Accumulation Volume
9:20 COST Stock Analysis
10:34 Stocks to Buy Now
TOPS STOCKS TO BUY NOW
Costco (COST) Stock | Bullish Reversal
Costco stock (COST) traded into a bullish reversal the last four weeks as the stock price nears a key resistance level.
Several other discount stores such as Walmart (WMT) are showing similar price action.
Recent volatility in COST stock shows opportunity for both day trading and swing trading.
Stock market volume increased with strong buying into the close. If the SPY ETF breaks the recent 6 day down trend we could see many new swing trade setups.
Other stocks in my game plan today:
AMWL
NUE
TAP
LOW
HD
WM
CSX
PHM
LEN
WMT