SamSuka
The Long Investor
The Long Investor

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$COST TOP 20

$COST has raised its head above the channel trend line at at $575 and has looked promising to break out this time after making a higher low.

The variable here is how the market behaves to the Moody's downgrade on Friday.

I think if the price action can hold above $575 or get above the First Target level at $580, it can start to move higher to our Wave 3 target at $640.

If the market pulls back hard next week, this may continue consolidating in this channel again and will give members another chance to add here before moving higher.

$COST TOP 20

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