This is just a quick one.
They recently had several billions dollars in money laundering violations and fines. The big red candle was the resulting sell off. it sold off to exactly the 50% of the last low.
the "bounce" from the over reaction is already at the 50% fib, which is usually where i would look to take off a short term position
For now and without...
For me, and only using 2018 as a reference - the financials have 100% been a leading indicator for the market. If you don't agree - you can peep my $GS post from August 2018 because there really isn't an argument. Seeing as each chart I've looked at has just about the same correlated pattern - just decided to post the one with the best R/R. Without even...
Sell short below yesterday's low. See the chart for more details.
Please like, comment and follow if you like my ideas. THANK YOU!!!
Please note that this information is not a recommendation to buy or sell. It is to be used for educational purposes only.
CALCULATING +DM and -DM
Up Move = today's high – yesterday's high
Down Move = yesterday's low – today's low
if Up Move > Down Move and Up Move > 0,
then +DM = Up Move, else +DM = 0
if Down Move > Up Move and Down Move > 0,
then −DM = Down Move, else −DM = 0
CALCULATING +DI and -DI
+DI = 100 times the...
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.
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.
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
An 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.
Capital One Financials has just confirmed a DB pattern which has been developing as a pullback of a previous DB. The friday confirming candle has come with a gap and high volume. It may be a good long play for the next weeks.