SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Big Dog's Boom Boom Room

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Larry S. who wrote (6280)1/28/2002 4:28:56 PM
From: chowder  Read Replies (1) of 206114
 
Larry, gapping down below the 50 dma and retreating after attempting to come back above the 50 dma is certainly bearish in the short term, according to the daily chart.

The weekly chart, I suspect, gives a more bleak picture of the intermediate term for COF. The stock has closed below the 10 dma and the Stochastics are saying sell.

stockcharts.com[h,a]waclyiay[pb200!b10!b50!f][vc60][iut!Ub14!Ua12,26,9!Lh14,3!Lc5!Ll14!Lj[$spx]]

What impact will no rate cut have on the financial sector? Any thoughts?

dabum
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext