Here is an opportunity to short Capital One Finance. Here are the reasons why, enjoy.
1. Bollinger Bands have reached a high point and a strong sell signal is given
2. Divergence+ shows rapidly growing bearish divergence
3. Latest candles are far from the moving average but falling towards the MA to balance out causing price to drop
4. MACD shows bulls loosing steam
5. RSI is a high 68.23 making this stock overbought, this is a very high running RSI for this stocks history
6.Fundamental analysis: No matter the outcome of election or stimulus deal, Capital One is still overbought and investors will wait for price to drop before buying in.
1. Bollinger Bands have reached a high point and a strong sell signal is given
2. Divergence+ shows rapidly growing bearish divergence
3. Latest candles are far from the moving average but falling towards the MA to balance out causing price to drop
4. MACD shows bulls loosing steam
5. RSI is a high 68.23 making this stock overbought, this is a very high running RSI for this stocks history
6.Fundamental analysis: No matter the outcome of election or stimulus deal, Capital One is still overbought and investors will wait for price to drop before buying in.