Capital One Financial announced its $35.3 billion all-stock acquisition of Discover Financial ( NYSE:DFS ). This landmark deal, poised to reshape the credit card industry, comes at a time of heightened regulatory scrutiny and strategic maneuvering.
Unlocking Value Through Synergies:
Capital One's ( NYSE:DFS ) strategic vision for the acquisition hinges on...
I started a series with the TOP10 largest bank in the USA.
I went all the way through 8 and stopped... Let us finish now.
Capital One (COF) is the 9th largest bank in the USA, the chart is also bearish and has been bearish since August 2021.
This banking corporation as well as others have been going down for more than a year and the final phase of the bear...
Play Catch with Capital One NYSE:COF 's Falling Wedge!
You don't have to be athletic to play catch with Capital One's falling wedge pattern!
Pattern Identified- Falling Wedge pattern on the weekly and daily chart.
Play ball!
Sweet Peace,
MrALtrades00, Technical Analyst & Options Practitioner
Although Capital One is involved with more than consumer credit cards, it doesn't feel like a great place to be with record unemployment -- while unpopular, I am taking the gamble that the longer term trend is closer to '08 style credit crisis. The indicators line up, as well as the exact price levels. If this sells off (starting with poor earnings next week?) and...
Fundamental Analysis
It appears Capital One isn’t the only company affected by this--it’s just the first company to publicly acknowledge it has been hacked and the most proactive in addressing the security situation. Meaning... as soon as other companies report the same, they will get the bad attention.
Because of the breach they will lose $150M-300M,...
RSI says oversold but everything else says it has further downside to come. Might not last long but for now I am short.
14th Candle cleared it of is vital MAs and it's probably got more room to slip. To the upside it could test 68 again and bring RSI up to 50 again before the trend continues. We will see if it gets rejected from here on Monday
