COST - Can we use it as an indicator?

2022년 12월 16일

Costco..... As a retailor it's hard to argue. They have a good thing going!

If we can use this as an indicator..... the health of the consumer economy going forward looks grim.

The longer term pattern displayed on the chart is clearly a topping pattern. How it plays out is of course, what we're interested in.

This is how I see it.

2023년 2월 5일

노트

Update to my original post... as long as price stays contained in the channel there is potential the pattern plays out