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alpha62539
Mar 24, 2023 4:15 AM

WFC short candidate Long

Wells Fargo & CompanyNYSE

Description

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.
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