SakeTami
The Long Investor
The Long Investor

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$COST TOP 20

$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.

$COST TOP 20

Comments

Hi Damien, the undervalued buyzone is under the wedge, itโ€™s not seen on this time frame. However, in the bull case, it is still an attractive buy

Gareth Neary

Hi, new member here, so sorry if this is a silly question. Is there a buy zone in the above chart?

Damien O'Sullivan


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