nickso833

A slight drop provided a opportunity

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nickso833 Güncellendi   
NYSE:COF   Capital One Financial Corporation
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. When the opportunity came buyers stepped in and deemed the price cheap and this uptrend may very well continue.
Yorum:
i meant to put the four hourtime frame beside it, as i look closer the price action would first need to break and violate 134 to further proceed, that is if buying pressure backs the current valuation.

infamousnicone
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.