Wednesday, June 11, 2014

COF - Captial One Financial Corp Chart

This is a daily chart of COF, looks to me it could be due for a healthy pull back within it's usual ebbs and flows. Stochastics turning over and MFI has negative divergence.  I'm likely to use options for a move downward. Not holding for long though as this is a nice uptrend it's in.

1 comment:

  1. Sold my june 21 82.50 puts from 1.62 @ 2.08. with spy turning over it will probably go lower but i dont like going against the grain too long.


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