Very straightforward here, the Bulls have it now and in control, I expect this to continue its momentum to the upside here. On the chart we can see one red bar on the daily, this may be considered as a retest of the top of the wedge....it also may retest again.
If this does retest again, this second confirmation will be very attractive to the market....that being said, I am seeing very little in terms of risk here and a lot of rewards.
Munger is addicted to $COST, his own words, it could be a great addition to a long term portfolio right now.