Retracement complete from 39, support at 37 holding, but lower than expected. I am longing here with target at 42$, waiting for the earnings in JULY 28TH, I will be looking at SPY movements since it affect the position. Fundamentals are good, are earnings are expected to surpass expectations
Nice ascending channel since January lows, if it holds this trend line and stays above the ichimoku cloud in the 4 hour hour chart I expect a 95$ target in the short term. It also depends on the performance of JP Morgan tomorrow since it will give guidance to the banks. I like Capital one because is a mix of Fintech with banks so it have better prospects of doing...
Chart Comparison with last year earnings, possible target to 50$ in this month if earnings are good RSI is in good shape, same position as last year
RSI still have room to move