Costco Wholesale may rise to 928.00 - 940.00

Our pivot point stands at 864.

Our preference

The upside prevails as long as 864 is support.

Alternative scenario

Below 864, expect 844 and 831.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 860.732 and 818.1844).

Supports and resistances

953 **

940 *

928 **

915

884.31 (USD-last)

873

864 **

844 *

831 **

Number of asterisks represents the strength of support and resistance levels.