Costco Stock (COST) – Tools For Trading Stock Downturns – June 20 2017

Jun 20, 2017 | Costco Stock (COST), Trade Alerts and Ideas

Costco Stock COST

With fear running deep over the decision by Amazon to purchase Whole Foods, many stocks whose bottom line may be impacted by this next big move by Amazon into groceries are feeling the pain. Costco is one such stock which has fallen 9.7% over the past 3 trading days. On June 15 the stock was closing at the $180 level. Today, June 20, intraday Costco Stock reached $162.43. The question now is whether this is the start of a further decline in the stock or an opportunity to buy or trade the stock at much cheaper prices.

Costco Stock decline

This article looks at the tools needed to approach reviewing a strong downturn in a stock that was in an upturn and ultimately deciding on whether to place capital at risk in a trade.

Some declines are terrific opportunities while other declines end up with even more declines and mounting losses. This article also discusses the short-term outlook for Costco stock and some trade ideas that may be worthwhile to consider.

The rest of this Costco Stock trade alert and ideas article is for FullyInformed Members..

Costco Stock (COST) Tools For Trading Stock Downturns – June 20 2017

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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.