COF: going long again.Was stopped out after previous post at 92.1. Now getting support at just about the level I have labeled "1" at 88.24. Some increase in volume last few days with a potential bullish diverge in the daily RSI. Going long again with my personal stop a close<88.24 My target highlighted. Process your way.
Capital One Financial Corp Depositary Shs Repr 1/40th 4.375 & Non Cum Red
No trades
CFX0 trade ideas
A possible long in COF if market continues to hold. I am primarily look at technicals. On this COF chart that I found I see it is creating a symmetrical triangle on the daily chart. The TTM Squeeze which is a momentum indicator is also increasing this could be a possible long if the market continues to hold.
Bank vs. Cryptocurrency #14 (COF)Read the past publication #13 (CM)
For example this stock now is trading above the 2007 highs this mean this is a leading company in this sector
This is complement of the publication #13
Same Industry different stock symbols, different prices, different PE Ratio, different Beta, etc
Variety of ideas for different tastes, styles of trading, capital, age, etc
COF Long opportunityAn intraday high potential, Back Tested Long Analysis.
We ll try to find an entry price within the expected pull back zone 93.82 - 95.40 as previously being back tested.
We ll try to enter into the correction of the downtrend movement tracking trend oscillators as below:
CCI diverges the price crossing down the zero level as well as shown in the chart.
DETAILS ON THE CHART
NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
COF - Double top formation Short from $87.93 to $76.23COF forming a massive double top formation. It touched the double top resistance & seems rolling over to the down side. Overall looks a decent shorting opportunity.
Trade Criteria
Entry Target Criteria- Break of $87.93 or rally to $91.55
Exit Target Criteria- $76.23
Stop Loss Criteria- $92.13
Option: $90 March/Apr-17 Puts
You can check detailed analysis on COF in the trading room/ Executive summary link here-
www.youtube.com
Time Span- 12:50"
Trade Status: Pending
Capital One COF - Short - Another failure to break 200 DMARSI 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