SamSuka
The Long Investor
The Long Investor

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$COST TOP 20

This will likely be the last time $COST is uploaded with the Top 20 list every weekend, the poll I added during the week was a +95% in favour of replacing $COST with $V, mainly down to $COST already completing its Wave 5 and $V being a quality safe haven and at its 200 Day MA, with a dividend and not in Wave 5.

I will continue to upload $COST but it won't be as regular until its ABC correction is close to completing.

$COST is testing its 50 Day MA now, losing this level now and we can see that the next test is the 200 Day MA on the 0.38 FIB where I have Wave A.

Looking very aligned here for a correction to start.

$COST TOP 20

Comments

There was a good catalyst this week with them raising subscription fees.

Lyndon Richards

I don’t think there is any harm in that or a large percentage, if it’s a company you intend to hold long term

Gareth Neary

Cap, in terms of position management. I have been trimming since it crossed 800. Now hold 50%. I have a stop loss in place at 800. I am curious. Would you keep some like 10% as this was a core position?

DiegoTheSabre17


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