$COST TOP 20
Added 2024-05-19 12:11:41 +0000 UTC$COST extended this week and hit a high of $805 before pulling back towards the end of the week to $790.
I believe it can still reach the 2.27 Fib at $808 but the fundamentals for $COST now are overvalued with a PE of 52 and a FWD PE of 45, while the technicals on the charts also extended now.
This is not somewhere we would be looking at starting a position.
Comments
But a good place to lock in some profits?
Chris
2024-05-20 04:45:17 +0000 UTC
