Possible pattern on the price movement. Resistance on Fisher, RSI, and MACD is broken. The stock is signaling mixed signals, lets wait bit longer and see what happens. I just published this chart to study the chart not to predict the future..
Will WFC follow its peers alrdy!? Looking for 34.50 soon. Will stop my long trade at 32.60.
Classic Inverted Head & Shoulders at the end of a large three year rectangle consolidation pattern between the prices of $23 -$34. We do not know which way the stock will break but the pattern offers excellent trade planning and risk management. The neck line is four years of resistance going back to 2008. A confirmed breakout above and we will be trading $WFC...
Multiple top formed at 34.50 resistance. Looking for retest and possible breakout.