Capital One Financial Corp. (NYSE:COF)
CAPS Rating:
A diversified financial services company whose banking and non-banking subsidiaries market a variety of financial products and services.
A diversified financial services company whose banking and non-banking subsidiaries market a variety of financial products and services.
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Recs
http://dragonflycap.com/2011/04/24/top-trade-ideas-for-the-week-of-april-25-2011-the-first-5/
Capital One broke through resistance at 52.93 on Thursday with strong volume and looks to go higher. The RSI is steeply sloped but still has a lot of room before being overbought and the MACD has just crossed positive. The first target higher on a MM is at 54.50 and then the second at 65. Use the breakout level as a stop area.