Costco Q1 Earnings: Can Bullish Momentum Beat The Overbought Blues?

Costco Wholesale Corporation COST will be reporting its first-quarter earnings on Thursday. Wall Street expects $3.79 in EPS and$62.08 billion in revenues as the company reports after market hours.The stock is up 58.01% over the past year, 53.50% YTD.Let’s look at what the charts indicate for Costco stock and how the stock currently maps against Wall Street estimates.Read Also: Costco Q1 Earnings Preview: Membership Fee Increase In Focus With Shares At All-Time HighsCostco Stock Bullish But Overbought Ahea ...