yssird

WFC Bear

Short
yssird Updated   
NYSE:WFC   Wells Fargo & Company
Im coining this pattern as the tipping beaker.
With current tensions abroad and the futures market leading the way, we should be on track for a Mcap reset.
Peep MACD and RSI bearish divergence. With RSI crossover already occurring.
Target 47.89 then 43.41 which is fib 50 level. From there we should see if we'll go lower or higher.
Good luck fellow chartist
Comment:
ALSO don't forget the rate hikes coming next month
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.