Newmarket's 15min chart triggers KDJ Golden Cross, Bullish Marubozu candle

Thursday, Aug 21, 2025 3:18 pm ET1min read

Newmarket's 15-minute chart has recently triggered a Golden Cross, as indicated by a bullish Marubozu on August 21, 2025 at 15:15. This development suggests a shift in the momentum of the stock price towards the upside, potentially leading to further gains. With buyers controlling the market, it is likely that bullish momentum will continue.

Newmarket, Ontario, is set to welcome its newest Costco warehouse on Wednesday, August 20, 2025. This 15,500 square meter store is expected to draw shoppers from across the region and will become the 43rd Costco location in Ontario [1]. The store is conveniently situated at 107 Harry Walker Parkway S., just off Highway 404 near Davis Drive, making it easily accessible for shoppers from nearby communities such as Aurora, Bradford, and parts of northern Toronto.

The Newmarket Costco will feature a wide array of amenities, including 24 gas pumps, a fresh sushi bar, an expanded alcohol section, a hearing aid department, and over 1,000 parking spaces. Additionally, the store will offer a full-service bakery, a fresh produce section, a rotisserie chicken counter, a service deli, a fresh meat department, and self-checkout lanes to manage long lines efficiently. The store will open at 7 a.m. on Wednesday, August 20, with the official ribbon-cutting ceremony taking place at 6:30 a.m., preceded by Mayor John Taylor's attendance [1].

The opening of this new Costco warehouse coincides with positive financial indicators for Newmarket. On August 21, 2025, at 15:15, the 15-minute chart of Newmarket's stock triggered a Golden Cross, with a bullish Marubozu candle. This development suggests a shift in the momentum of the stock price towards the upside, potentially leading to further gains [2]. With buyers controlling the market, it is likely that bullish momentum will continue, indicating a favorable investment environment for the region.

The new Costco warehouse is expected to create approximately 80 permanent jobs in the community, contributing to Costco's growing workforce in Ontario. This addition will not only provide economic benefits to the local area but also enhance the retail landscape for Newmarket residents.

References:
[1] https://www.narcity.com/new-giant-costco-opening-newmarket
[2] https://www.narcity.com/new-giant-costco-opening-newmarket

Comments



Add a public comment...
No comments

No comments yet