vf_investment

WFC short - bearish retest

Short
NYSE:WFC   Wells Fargo & Company
WFC looks bearish.
The rising wedge broke down and it's likely to see more downside on WFC.

Enter short position at the bearish retest.
Targets are shown on the chart.

Invalidation of the thesis would be if the price comes back and closes successfully above the upsloping resistance .
Comment:
Bearish retest completed. Expecting more downside soon

💥 Free signals and ideas ➡ t.me/vfinvestment
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.