Ron-V

Breakout Confirmation

Long
Ron-V Updated   
NYSE:WFC   Wells Fargo & Company
The weekly candle closed verifying the breakout of a bull flag previously mentioned (see linked below).
Comment:
looking VERY good. The May Sound Advice Newsletter just came out and had this to say:
"WFC is also currently cheap in comparison
to the rest of the market. At $48 per share, the
forward P/E is 10. At a P/E ratio of 14, WFC
would be $67.20, substantially above the current
stock price."

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