wfc is approaching extreme trend and RSI resistance area, it might have a few more green days but I doubt goes above 57-58 per share. looking for a dip to 50-51.5 support areas in the near future. like and follow for more 💘
The price moves in the lower part of the trend fork equilibrium channel. I think that soon the price will break through the median and test the upper boundary of the equilibrium channel. Goal 75. Deadline September 2022
WFC along with all the other banks broke out of a downtrend today (Whiteline) . Short term, we're headed to the top of that rising wedge (Yellowline) around 54$. But like I said, it's a rising wedge so I think after Q1 things could get ugly for WFC.. Long to 54
A Wolfe Wave is a chart pattern composed of five wave patterns in price that imply an underlying equilibrium price. Investors who use this system time their trades based upon the resistance and support lines indicated by the pattern.
Watching break of resistance with market participation.
MACD Bearish Divergence, RSI Bearish Divergence, Weekly 3 Black Crows, at a Bearish Shark PCZ. I think it can go much lower than my specified 61.8 target but a 34% decline is plenty profitable to make this a great trade.
bear channel formed on minor time frame.. This bear channel should bring us back the primary trendline(yellow line) around 47$.
Welcome to our Weekly V2-Trade Setup ( WFC ) ! - 4 HOUR Bullish break above main sr level.. DAILY Expecting more bullish pa! WEEKLY Great midterm long entries. - STOCK SETUP BUY WFC ENTRY LEVEL @ 47.36 SL @ 44.78 TP @ Open Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for...
If WFC breaks this support line then it's confirmed trend reversal to the downside. I only enter trades once they meet my conditions. Would prefer to enter a leap put options on this one and ride the fall out as WFC is a bit of a slow mover. Slow-moving stocks require long expiry contracts to medicate theta decay. So set an alert for that support line.
proven support multiple times about a .786 retrace not financial advice
WFC observed to have VCP setup with below contraction: C1: -15% C2: -7% C3: <3% (pull back with low volume) 28 Oct observed tennis ball effect and breakout again. Let's see the subsequent movement. Disclaimer: Not a buy call recommendation, just sharing on chart pattern formation based on my personal experience. Trade at your own risk.
Does WFC have enough energy to pass above the resistance? I think it is less likely, volume does not support this idea! The higher it goes the lower the volume, it seems to move toward lower prices in the coming days! Best, Moshkelgosha DISCLAIMER I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor...
Similar to TSLA, WFC has been on an oversold then overbought momentum swing. Albeit, TSLA had a long consolidation time as did WFC back in November 2020 to June 2021. It’s time for a rotation back into cyclicals for their best quarter of earnings, but WFC is super hot and likely needs to come back down to mid-39 or even mid-48 before the fed meeting. Which I...
Entry price: 48-50$ Target price: 54-55$ Chart pattern: Bullish symmetrical triangle. The price just broke the upper boundary of triangle and retested that level as a support. Moreover, the price breakout was confirmed by increased volume. RSI: Neutral, approaching 60 level, thus, there is still a potential for the future growth. Conclusions: Chart pattern and RSI...
chart-art shows POSSIBLE uptrend , green trend-line means bullish . Over the red fibo Level can_be 🐂, & under will be bearish Short to midterm . ~~N0 arrows. ~~ N0T trading Advise either +dyor pls
The technical figure Triangle can be found in US company Wells Fargo (WFC) at daily chart. Wells Fargo & Company is an American multinational financial services company. The company has operations in 35 countries with over 70 million customers globally. It is considered a systemically important financial institution by the Financial Stability Board. The Triangle...
H&S pattern invalid now with bounce. Next significant resistance is at 48.91. Long over 49$ with 55.56 next target going forward. If there is a rejection short back to trendline support or 43.50 fib support. Fibonacci obtain from using Jan 2018 high and Nov 2020 low
Long to 54…. EOY I hope. Maybe January since Feb is the worst month for markets. I’ve got over 500 calls between Jan 2022 and Mar 2022 at 50 strike. Just a trend… do with it as you please.