Capital One Financial Corp. (COF) continues to exert strength in the financials as it continues to make higher highs. COF continues to be a strong player behind juggernaut JPM, which is still looking to break it's 52-week high established back in late March of this year.
A break below the support TrendLine of $57.38 would signal a break in it's bullish pattern and should trigger a possible stop loss. If and when that was to occur, it would be an opportunity to reevaluate the charts technicals.
No comments:
Post a Comment