WFC short candidate

alpha62539 Updated   
NYSE:WFC   Wells Fargo & Company
WFC continues its way down. The fact that it looks for financing speaks about some brewing troubles there.
I look to short it, the RR ratio is not great (1/1) but if I am correct, then the price could go further below my initial target.
These are my notes. Adjust size according to the risk taken.
Order cancelled:
The short position required fast move down. In absence of it, we cancel the trade.


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.