WFC breakout above $53.60 upper trend line resistance. Long

Wells Fargo & CompanyNYSE

Description

⋅ Feb 5, 2015 8:29 PM

Next resistance is $54.00 and then $54.55.

Will be conviction buy if DOW breaks 18000 tomorrow on Good Non-Farm Payrolls report of 230k or more jobs added in JAN 2015. Labor participation rate will be closely watched for tightening of slack in economy and leveraging for future growth.

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