How can two companies in the same sector, that basically sell the same products in bulk look so different?  Well lets take look at the evidence in the charts in a comparison between $BJRI ( BJS RESTURANT iNC ) AND $COST ( COSTCO WHOLESALE CORP ).

As seen in the chart below $BJRI lost key support. We want to be short this name below $51.04 with a short term target of $45.59 ( 200d sma) and a longer term target of $37.61 as seen on the weekly chart.  It is currently below all moving averages, developing a daily short squeeze that looks ready to fire, and is showing relative weakness. 

Now lets take a look at the $COST chart which is telling a totally different story…