TradingView
ContraryTrader
Jun 7, 2023 1:37 AM

WFC (Wells fargo) Long

Wells Fargo & CompanyNYSE

Description

On the verge of a major breakout.

Obvious double bottom with the right bottom forming an ascending triangle.

Rsi is also coiled and looking bullish



XLF has broken out already


Entry - over 41.75
Stop loss - 41.00

1st target - 43.84 gap close
2nd target - 46.61





Comments
Leo6482
Thank you it played nice today.
TORNADOF5
hey , do you think wfc 42.68 was fake out ? or i had to wait bigger time frame
thanks
ContraryTrader
@TORNADOF5 first try at the 200sma and got rejected today.. Still looks bullish
More