$COST has been very impressive here and as textbook as it comes and I am really happy that I was able to chart this so accurate for our members.
For the last 3 months we were showing that $COST was consolidating in its channel and needed to break out, this happened at the start of November and last week I said that a retest of the channel trend line would be the ideal level to find support, this is exactly what happened and the share price bounced on this level.
The trend is clear here, higher support, above the 50 and 200 Day MA and moving up Wave 3 now, very happy with how this has been moving and our count.