Another (potential) Short

If you missed-out on shorting Capital One at the all-time highs, another opportunity may be on the horizon.

From all-time highs to recent lows, COF, is down by, 27.78%.

Looking at the chart, there appears to be potential for a minor rally (not advice, not a recommendation).

Any push above resistance (blue line), puts COF in up-thrust position.

Note the 38.2%, retrace level in magenta.

Stay Tuned

Charts by StockCharts

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The Danger Point®, trade mark: No. 6,505,279