Company Description: Capital One Financial Corporation, through its subsidiaries, provides various financial products and services to consumers, small businesses, and commercial clients in the United States. The company offers commercial and consumer loans, commercial and consumer deposit account services, commercial credit cards, treasury management services, trust services, and other banking related products, such as insurance, brokerage services, merchant services, and investment banking, as well as provides money market and certificate of deposit accounts through Internet channels. It also provides consumer credit and debit card products, small business lending, installment loans, home loans, and other unsecured consumer financial services, as well as involves in financing for the purchase of new and used vehicles or other motor vehicles, and the refinancing for the existing motor vehicle loans. The company was founded in 1993 and is headquartered in McLean, Virginia.

Our Analysis: The shares of Capital One Financial Corp. 'COF' moved sharply lower over the course of the last 2 trading days. They finished Monday by closing below a set of key downside support levels. During the course of this downward move the trading volume has been significantly heavier than normal. This is all a bearish trading signal. The shares of 'COF' should continue to move lower and test $33.19/share, the point from which they gapped higher on the open of trading on October 5th of last year. If the shares of 'COF' close below that level, then I expect them to continue to move lower and test $31.34/share, a point of upside resistance established on May 8th of last year. I see upside resistance on the shares of 'COF' @ $36.60/share, and have set my stops accordingly @ $37.03/share.