롱

COF - Capital One Drop and Pop LONG

업데이트됨

COF is shown on 1 15 minute chart. The trade idea is to play the drop in a bank stock as a

reaction to the sticky inflation report and the idea that a rate cut already baked into stock

price is about to come off the table. This is a risky reversal trade. However, with risk comes

reward. The idea is on the chart. I will take a long trade here anticipating a return of 2%

and about seven times risk. A call option for an expiration of 4/19 will also be in the position,

striking 141. See also https://www.tradingview.com/chart/NYCB/3IcDj8Rc-NYCB-could-bounce-back-from-the-inflation-report-LONG/

노트

Chart with Price Volume Candles and trend indicators