$COST TOP 20
Added 2024-03-17 09:46:29 +0000 UTC$COST has been in a decline since its earnings, the earnings were healthy but the gains were made leading up to the report as they were expected to be good.
The price has pulled back to just above the 50 Day MA so far and found some rest bite during the week as the market started to feel some weakness but I believe the ABC correction is underway now and there will be a drift down to the 200 Day MA, close to the 0.5 Fib for the next few months.
$COST is an excellent company and when the price completes Wave C, it will present a great opportunity for our members.
Comments
Yes, I do not hold Costco now, but would LOOOOVE to hold some for the long-term after it completes Wave C. Looking forward to future updates! Thanks Captain!
Millie Leung
2024-03-17 10:42:45 +0000 UTCI completely agree! I shop there often multiple stores where I am, COSTCO is always busy with couples and families pushing two packed carts on a haul.
Charles D
2024-03-17 10:26:51 +0000 UTC
