$COST finally got its pull back and it was a very clean ABC count too,
Price fell between the 0.38 Fib and the 0.5 Fib, not as long as many pull backs but this reinforces the notion that $COST is a popular stock and like I have said many times before about $COST, any substantial pull backs will be bought up here.
The price just finished below the 50 Day MA at $544, so a break above this leve at $546 and holds, is a buy signal and a good stock to hold to ride the wave up to $670.
Gareth Neary
2023-09-04 22:27:51 +0000 UTCDamien O'Sullivan
2023-09-04 16:29:37 +0000 UTC