$COF Breakout$COF could test higher with throwback test to UTL breakout. Will need to remain above for continuation.
CFX trade ideas
a couple outcomesit could continue up from here, but imo this will test 87-88 then trend to 100 from there.. or the other outcome is it breaks back into the trend channel, bounces off 80 then runs to 100. either way its a great longterm play. goodluck :)
Daily Candlestick PredictionBig fall projected for COF Tuesday. Comment your thoughts below and check out the chart I created supporting why I am so bearish on COF.
Weekly Price Trajectory Of $85 Minimum I have a strong belief for COF to fall based on the indicators provided. Comment your thoughts below, say "Hi" if the daily candlestick segment brought you here :)
Capital One Set To Drop Capital One officially made it to my Monday watchlist. Bollinger bands are just starting to cross and a sell signal will probably be given Monday. Divergence is also growing on the most recent candles but still has room to increase. RSI is high and starting to trend down while the MACD is also starting to trend down.
Buy Opportunity For COFBuy Opportunity available. I see this stock declining Thursday and Friday. Might be a good dip to buy into!
Short Opportunity Here is an opportunity to short Capital One Finance. Here are the reasons why, enjoy.
1. Bollinger Bands have reached a high point and a strong sell signal is given
2. Divergence+ shows rapidly growing bearish divergence
3. Latest candles are far from the moving average but falling towards the MA to balance out causing price to drop
4. MACD shows bulls loosing steam
5. RSI is a high 68.23 making this stock overbought, this is a very high running RSI for this stocks history
6.Fundamental analysis: No matter the outcome of election or stimulus deal, Capital One is still overbought and investors will wait for price to drop before buying in.
COF LONGThis is my favourite set up for next week. Capital One delivered their financial report on 10/23 AH with a EPS surprise of 150% with good guidance. It gapped up from ER but oversold most likely to the market conditions 😢. Supports and RSI is holding well.
Optimal Entry ✅
A close higher than 73, if it forms evenings star I will not enter. ❤ support must hold. Will open a starter position when the set up looks right.
PT 177
PT2 80.5
SL 🧡 support level (around 69.5)
Contracts 📝
⚠ From the most risk to the least risk: ⚠
12/4 74.5/77.5c bull spread (net debit of around 1.33)
11/20 72/74.5c bull spread (net debit of around 1.15)
11/6 70/72c bull spread (net debit of around 1)
12/18 70/80c bull spread (net debit between 4-4.25)
Watch for the entry, if set up breaks don't enter. If it closes above 73 then I am very confident in this play. Manage your risk, let's make some greens from this red market! 👍
CAPITAL ONE FINANCIAL Opportunity DailyHey people, CAPITAL ONE FINANCIAL is in a bearish dynamic fake with a fable volume of chat carried out and a bear shadow. In the TIMEFRAME 1 Min we observe a rejection of the sellers on the shadow and the price collapses to go to the last low point and return to its rise. High probability of breaking the VWAP and going to the next high. And on the TIMEFRAME 4H the option will try to fill the bearish gap but not enough buying force at this time.
Please LIKE & FOLLOW, thank you!
COF Double Wolfe Wave and Pitchfork all point to $62 TGTSee the TWO red arrows each off of different WolfeWave + Support + midline of Andrews pitch fork all pointing to same target
COF WavesThis looks like shit but we could be seeing a completion of wave 3. If it plays out and the market is looking more stable next week i will be looking to buy in the rectangle by 4 and ride it to 5.
Capital One -- Not in My WalletAlthough 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 was to do an exact length match to the bottom as in '08, it would be 17 monthly candles, or in this case roughly December 2021. COF broke through its 200 day moving average, and I don't see the earnings impressing.
Capital One Great Value????Looking at the charts it looks like Cap One is near the lowest level I see it reaching for me CapOne has way more upside potential than downside
Price Target around 85.00
COF - Look for the upward push!Hola,
Looks like we'll be battling NYSE:COF around 66-70 for a bit.
If it drops past 63 cleanly look for 60 drop.
But, if she climbs back above 70 then we're gonna open a call.
Potential for a bigger gain if she drops to 64 and then shoots up past 70.
COF - GREAT Buy Opportunity, IF ... !!!Hello! Friends,
-This would be a great Buy Opportunity, IF NYSE:COF breaks up the Resistance at $62.42 !!
- NYSE:COF is following PITCHFORK levels well. You can even trade only with its support and resistance .
Ascending Triangle - Daily ChartYou can see an accending triangle forming. Best entry position here is mid-bullish engulfing pattern. We'll keep an eye on this pattern and look for an entry signal. Just another stock option strategy used a stockkingoptions.com NYSE:COF where we'll look to call a trade in one of our Trading Rooms.
Capital One Financial Corp (COF - US) - ABC wave patternCapital One Financial Corp (COF - US) is in ABC zigzag pattern and moving down as under-performer than SPX. It’s now moving down in C wave. Wave 2 is about to complete and wave 3 will start soon.
COF (US) - sell for 5th wave downCOF (US) is in downtrend and 5th wave is in progress. Sell with stops above 62.94 for target below 40 level.
$COF: Breakout and pullback is complete, Breakout and pullback is complete, ready to bounce, Target $77-80
COF - DAILY CHARTHi, today we are going to talk about Capital One and its current landscape.
As nowadays we live in a consumerist society and access to a credit card has continually become easier to obtain, is reasonable to predict that the card debts are also going to rise too, as financial education isn't the strong point of U.S consumers, and are used to the debt culture.
The heat up U.S economy put credit card companies in a more comfortable zone as the unemployment rate remains near to historic lows, which helps customers to keep up with their bills. However, the question that worth to be raised here is, if the 90 days past due card debt is probably surging to 2.01%, the highest level since 2010 amid a heated economy, what is going to happen with this type of debt, once the U.S economy make its first downward movement of correction and make harder for customers pay their credit card bills. Even with the credit card issuers tighten their credit standards, we can't be sure it's going to be enough to avoid a crisis on the sector, which could lead to a flood of bad debt, decline of new credit card issuance and other types of liabilities. This scenario could mean concerning news for Capital One if the company doesn't progressively start to deploy the proper countermeasures for this scenario.
Thank you for reading and leave your comments if you like.
To have access to our exclusive contents, join the Traders Heaven today! Link Below.
Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should be used or take it as financial advice.
Capital One data breach means nothing - BullFundamental 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, which is nothing for this size of a bank.
The real impact might be more of sentiment towards the stock though.
Equifax very recently had a much more significant breach, and the stock just brushed it off.
Technical Analysis
Watch the SMA(50) as support.
OBV and RSI=52, did not reach dangerous levels on this drop.
MACD did cross below the signal, but it is on its way up.
