Trade Ideas for Fri Feb 7, 2020

Costco Wholesale Corporation (COST)  formed a textbook example of a cup and handle formation over the last few months. The pattern suggests a high possibility for the continuation of new momentum toward 330 area.

T-Mobile US, Inc. (TMUS) broke from a 6-month consolidation pattern and confirmed new momentum with target in the 92 areas.

Alphabet Inc. (GOOGL) could see a breakout from current consolidation pattern if the price breaks 1500 area.


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