ASSET NAME: Costco Wholesale Corporation
Trading started on 6/10 with a well-positioned entry point responding to the seasonality index, which has a long direction outlined.
Backtesting with 15 years of history, the trades based on the closed of the entry/exit dates gave a result of 15 Wins, with good results and excellents, well distributed, Best. Very good risk/benefit ratio. Always check the volatility of the stock to make sure it is acceptable for you.
Conclusion
We always recommend you follow the evolution of the trend, its corrections or inversions that could give different indications than those we expect. Pay attention by checking the behavior of prices in the whole trade period.
Notes
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Disclaimer
Past results and strategies published on Sayseason are provided for informational purposes only and are therefore not indicative and do not guarantee future results.