Correction to $850-920 essential for keeping the uptrend healthy
已更新
- Price is overextended and investors are treating 
COST as the growth stock than a safe quality stock. Price/Earnings ratio is around 60 which his historical high on the other hand the company is growing single digits.
- With wage growth stalling and with uncertain macro, it's unlikely that majority of people will stock groceries for a month in advanced. Many folks are shopping weekly/bi-weekly from Walmart instead.
COST as the growth stock than a safe quality stock. Price/Earnings ratio is around 60 which his historical high on the other hand the company is growing single digits.- With wage growth stalling and with uncertain macro, it's unlikely that majority of people will stock groceries for a month in advanced. Many folks are shopping weekly/bi-weekly from Walmart instead.
交易开始
COST pull back is healthy.
If you're considering long position in it then monitor for 200 sma on daily and add in stages
交易结束：到达目标
closing short and looking for some consolidation and going long
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