Jimmy's Trading Room: COF Weekly Price Analysis: Anticipating a Potential Return to $120!

My Current Investments

Main Labels:

1) Gold (Link for Gold posts)

2) Silver (Link for Silver posts)

3) AUDSGD (Link for AUD posts)

4) CNYSGD Closed TP 0.208 ( Link for CNYSGD posts)

5) Fullerton SGD Heritage Income Class B ( Link )

6) Global X Uranium ETF Long ( Link )

8) BGF China Bond Fund A6 Hedged (SGD) (Link)

7) US Stock Trade (Link)

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None of the information contained in this Blog or Video constitutes an offer (or solicitation of an offer) to buy or sell any currency, product or financial instrument, to make any investments, or to participate in any particular trading strategy.

Any expression of opinion (which may be subject to change without notice) is personal to the author and the author makes no guarantee of any sort regarding the accuracy or completeness of any information or analysis supplied.

The author is not responsible for any loss arising from any investment based on any perceived recommendation, forecast, or any other information contained here.

Wednesday, May 31, 2023

COF Weekly Price Analysis: Anticipating a Potential Return to $120!

In the first quarter of 2023, Warren Buffett made his inaugural investment in Capital One Financial (COF) by acquiring 9.922 million shares, corresponding to a 2.6% ownership stake. This investment holds a substantial value of nearly $1 billion. Furthermore, an analysis of the current weekly price actions provides further evidence of a bullish setup.