"Capital One (COF) 15-Min Breakout Watch: Bullish Continuation
📌 Market Idea: Bullish Continuation or Range Breakout Setup on 15-Minute Chart
The chart displays a strong bullish rally from April 22 to April 26, with the price climbing from around $165 to over $185. Following this uptrend, the market has consolidated, forming a sideways range between $182 and $186.
This pattern suggests the stock is either:
Accumulating strength for another breakout to the upside, or
Losing momentum, potentially preparing for a pullback if support is broken.
💡 Trade Concept Summary
Trend Bias: Bullish (but ranging short-term)
Setup Type: Range Breakout
Bullish Scenario: Break above $186.89 → target $188–$190
Bearish Scenario: Break below $182.00 → target $179–$177
Timeframe Focus: Intraday (15-minute sessions)
This momentum squeeze setup is ideal for options traders or intraday scalpers waiting for direction confirmation.
The chart displays a strong bullish rally from April 22 to April 26, with the price climbing from around $165 to over $185. Following this uptrend, the market has consolidated, forming a sideways range between $182 and $186.
This pattern suggests the stock is either:
Accumulating strength for another breakout to the upside, or
Losing momentum, potentially preparing for a pullback if support is broken.
💡 Trade Concept Summary
Trend Bias: Bullish (but ranging short-term)
Setup Type: Range Breakout
Bullish Scenario: Break above $186.89 → target $188–$190
Bearish Scenario: Break below $182.00 → target $179–$177
Timeframe Focus: Intraday (15-minute sessions)
This momentum squeeze setup is ideal for options traders or intraday scalpers waiting for direction confirmation.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.