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CAPITAL ONE FINANCIAL
(COF-NYSE):
Technical Viewpoint: From a low
of $29.77 on Mar 31, 2003 prices
rallied, reaching a
high of $48.07
on May 13, 2003. A
decline saw prices pull back, reaching a
low of
$42.21 on May 21, 2003.
Another rally saw prices penetrate
resistance, closing 6/2/03
at $51.51. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Mar 21, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $46.50. Resistance: Is at $52.59.
Point & Figure: Reversed to the upside on May 28, 2003. A P&F upside
reversal takes place at $48.00. Summary: Technical indicators have turned bullish. BUY! CAPITAL ONE FINANCIAL
(COF-NYSE) @ $51.88 Stop: Use a protective stop of $49.38.
CAPITAL ONE FINANCIAL is currently trading @ $51.51 plus $3.34 on Jun 2, 2003. Price Objective:
$65.00. Risk/Reward: $2.50 VS. $13.12. Today's Risk Reward Ratio: 5:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$65.00
Risk/Reward:
$2.50 VS. $13.12
Risk/Reward Ratio:
5:1
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