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By tradinglounge · Posted
COST Elliott Wave Analysis Trading Lounge Daily Chart Costco Wholesale Corp., (COST) Daily Chart COST Elliott Wave Technical Analysis FUNCTION: Trend MODE: Impulsive STRUCTURE: Motive POSITION: Minor 5 DIRECTION: Upside in Minor 5. DETAILS: Trading Level 8 at 800$ will provide resistance, looking for a five wave move to unfold in wave 5. COST Elliott Wave Analysis Trading Lounge 4Hr Chart, Costco Wholesale Corp., (COST) 4Hr Chart COST Elliott Wave Technical Analysis FUNCTION: Trend MODE: Impulsive STRUCTURE: Motive POSITION: Wave {i} of 5. DIRECTION: Pullback in wave {ii} DETAILS: Looking for a pullback in wave {ii} to then continue higher and target longs. We seem to be finding support on 720$. This comprehensive Elliott Wave analysis provides a current and future perspective on Costco Wholesale Corporation (COST), focusing on the potential price movements as indicated by the Elliott Wave theory on the daily and 4-hour charts as of May 7, 2024. Investors and traders can leverage this detailed insight to optimize their market positions. * COST Elliott Wave Technical Analysis – Daily Chart* The daily chart of Costco reveals that the stock is currently in an impulsive, motive wave structure, specifically identified as Minor wave 5. This indicates an upward trend with expectations of continuing momentum. The analysis points out that the $800 price level, referred to as TradingLevel8, is expected to act as a significant resistance. In this phase, a five-wave structure within wave 5 is anticipated to unfold, suggesting sustained upward movement. * COST Elliott Wave Technical Analysis – 4H Chart* Zooming into the 4-hour chart, Costco is currently positioned in Wave {i} of Minor 5, and a pullback in Wave {ii} is expected. This pullback presents a strategic entry point for traders, with the stock finding preliminary support at the $720 level. Following this correction, a continuation higher in Wave {iii} is likely. Technical Analyst : Alessio Barretta Source : Tradinglounge.com -
By WilliamMason0 · Posted
In Australia, real estate has always been seen as a stable investment avenue. It is often said that Australian property prices double every 7-10 years, a widely circulated notion in the real estate industry. This characteristic has attracted the attention of many investors, who are not just interested in the potential growth of property prices but also in the stable investment returns behind it. However, with the continuous rise in Australian property prices, investors need to be more cautious in selecting suitable investment platforms and avoiding potential risks to achieve successful investments. William Mason believes that the Australian real estate market is currently at a stage of great investment potential. He points out that despite the high property prices, there is still significant potential for appreciation. This appreciation is not only driven by the stable growth of the Australian economy but also by the status of Australia as a popular destination for international investors. However, to stand out in such a competitive market, investors need to have a clear investment strategy and choose the right investment platform. Furthermore, William Mason emphasizes that investors should also focus on the reliability and user experience of investment platforms. A well-functioning, user-friendly investment platform can not only enhance investment efficiency but also reduce investment risks. Therefore, when choosing an investment platform, investors should consider not only the trading functions of the platform but also its security and stability. In summary, the Australian real estate market has significant investment potential, but investors need to carefully choose investment platforms and be mindful of avoiding potential risks. As a professional with outstanding achievements in the financial field, William Mason advises investors to pay close attention to market trends when investing in Australian real estate, combine professional stock software to formulate suitable investment strategies, and choose reliable investment platforms to achieve satisfactory investment returns. -
But what happens if those token's don't go up in value? How are those APR's paid?
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