Cosco's last Friday action looks like it was going to trend higher but then suddenly because the Dow had a panic sell off with -660 points, the stock gap down today with much sellers. I am studying this stock closely and it looks like it might turn up again but the stock is not really ready yet with so much cautious buyers now staying in the sideline. If I need to chose, I wouldn't trade Cosco now but it's nice to have in your watchlist as the chart is beautiful. Will be giving a call once I see the next turn in this stock. Monitoring the trading behavior for now.
Ronald K - Market Psychologist - A Stock Market Opportunist
