Capital One Trading Analysis (01/08/2023)

#COF
 

The stock is traded in the upper border of the flat zone area. The uptrend truncated wave structure finished with the breach of the sloping channel. There is bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought state.
 

Trading idea:

Sell at the breach of 113.57.

Stop-Loss: 119.00.

Target price levels: 105.60, 87.00.

#capitalone #stockchina #forextrading #tradersroomchina #daytradingpatterns #forexexpertadvisor