COF is shown on 1 15 minute chart. The trade idea is to play the drop in a bank stock as a
reaction to the sticky inflation report and the idea that a rate cut already baked into stock
price is about to come off the table. This is a risky reversal trade. However, with risk comes
reward. The idea is on the chart. I will take a long trade here anticipating a...
Uptrend
As you see, it was a small breakout to a broken level and after this bullish candle, you can enter to buy position by setting a S/L at about 132. I will stay on my position until 178.
Capital One Financial rallied to a 21-month high in late January and paused during February. Now some traders may see upside potential in March.
The first pattern on today’s chart is the series of higher lows with prices remaining below its January 26 close. That ascending triangle is a potentially bullish continuation pattern.
Second, the 8-day exponential...
The country’s ninth-largest bank, Capital One (NYSE: COF), shocked the finance world when it announced that it will buy Discover Financial Services (NYSE: DFS) for a staggering $35 billion. This all-stock deal is set to be one of the biggest M&A deals of 2024, bringing together two of the nation’s credit card giants to create a true global payments...
DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
After reporting earnings and being down about 2% post market 01/25. The price had recently hit a low on the RSI indicator at a price equivalent to 129.52 which was hit around 17:15 hrs. Viewed easier on the smaller timeframes on the 15min. observing the weekly timeframe there is a possible break as the resistance of 120 was easily broken compared to Jan 30/23. ...
As we approach much awaited results for capital one stock, from a technical perspective although the price had failed to break its a high of 134.26 during the week of FRI 05 Jan 2024, As we observe current price action as comparable to the left chart using the weekly timeframe we are at a point in price were there has been a significant move within this equity...
Capital one NYSE:COF shares soared 3.3%
This is a credit card issuer.
Revenues for this company are up 4.6%
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ENVA
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Purchased Notes offerring around 11% interest
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Capital one according to Morgan Stanley has a hold analyst
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Holding to $120 price target
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Watch this video below to learn more
**Disclaimer:**
The information provided above is for...
Capital one shares soared 3.3%
This is a credit card issuer.
Revenues for this company are up 4.6%
--
ENVA
--
Purchased Notes offerring around 11% interest
--
Capital one according to Morgan Stanley has a hold analyst
--
Holding to $120 price target
--
Watch this video to learn more
--
**Disclaimer:**
The information provided above is for educational and...
Better question is, "What's In Your Brokerage Account?"
If you own Capital One stock I would caution you to be extremely focused on the potential for large movement to the downside
They have the potential to be victims of the weakness in the Banking/Financial sector and....
They also have the potential to greatly exacerbate overall weakness in the...
This is an interesting development of a trend stock COF just suddenly pump and break the cloud while it magnets the cloud span b the moreoever the cloud span a is ready and may crossover the cloud span b which indicates and further solidifying the bullish bias of this stock
COF stock rallied Friday after financial services giant Capital One (COF) reported an upturn in earnings, topping Q3 estimates by a broad margin.
Capital One Q3 earnings rose 6% to $4.45 per share early Friday after six quarters of double-digit declines. Revenue increased 6% to $9.34 billion.
Analysts polled by FactSet expected earnings of $3.24 per share on...
A price action below 109 supports a bearish trend direction.
Increase short exposure for a break below 108.00
The target price is set at 102.00.
The stop-loss price is set at 115.00.
A correction form overbought territory might signal further downside price potential.
Credit card defaults are at all-time-highs
This pump is heading toward over-bought territory
The trend is downward (below both 50 and 200 MAs on the weekly)
This is a pretty obvious "head-and-shoulders" formation in the making
Still have downward pressure possible with MACDs, LuxAlgo, RSI and other indicators
I anticipate it tops out at around $110...
With major weakness in the banking sector we are still seeing the contagion play out. Some banks are more at risk than others.
Based off of a blow out in Credit Default Swaps. The bond market is showing there is tremendous risk in this bank.
Just like Credit Suisse CD's blew out befroe the collapse, we are watching COF credit defaults blowout.
