I will outline why COF is a buy here, but a short at lower prices.
Here is another example of how to use 'Time at a Price" to determine trend.
Starting from the low last year in March there are some excellent examples of how time builds at a price and then projects "up" once there is a range that is above the mode or frequent price of the consolidation.
In...
COF started doing the dreaded H&s pattern when it had a retracement @68. Both shoulders are located @73 and the head @78.50.
on February 18th, it closed with an evening star at the 0.76 Fibonacci retracement level that if confirmed by lower lows and lower highs from the next bar is a bearish sign.
The MACD Histogram is forming a Peak and the Stochastics are at...
