Midweek Watch 10/06 - $COF Making a Higher Low on the DailyMy Level: Long off $164.40
Why: Previous low, closed above 50D SMA and has a higher low on the daily
It has based around 155s area and made a nice higher low off 50D SMA
COF/PL trade ideas
Midweek Watch 9/15 - $COFMY LEVEL: 155
WHY: Previous day low and moved up to the whole number. Monthly pivot. 126d SMA. (6 month moving average)
Sunday Prep 8/22 - $COFStraight from the sector analysis section, financial sector looks like it’s pulled back to support and this name is simultaneously retesting it’s recent breakout area as well as the 20d/monthly pivot. Will look to get long with risk under Friday’s lows.
