Cosco had a good 2 day run since last Thursday during the pre CNY morning and since then, the stock had been running non stop for 2 days. Today, because of the overall bad market condition, it suffered a small dip and sellers were selling and buyers were looking to lock in profits. From last Thursday till today, it had a good up swing of about 5-6% which is considered very good for a slow stock like this but I believe there are still potential upside for now if one is looking for swing trades.
Ronald K - Market Psychologist - A Stock Market Opportunist
