Hello everyone, WFC is going to see even lower lows, due to the Covid - 19 and the financial crysis. The levels it will fall to are 15, 10 or 8 $, I think though 10$ makes the most sense. I would say anything bellow 15$ is amazing entry, WFC has great fundamentals, so it will for sure see new highs, just wait for next year around March - May for entry. Good luck...
Oversold bounce potential, down 22 from Jan highs. Upside targets $44.50 & $48.50 RSI is in reversal from oversold levels. PLEASE GIVE US A LIKE IF YOU APPRECIATE OUR CONTENT
Wells Fargo has earned itself quite the rap sheet over the last 4yrs, and this is only the stuff that they've been caught with. - finance.yahoo.com Q3 & Q4 2019 Earnings both missed expectations, and a lower guidance for 2020 has been provided. If they can maintain expectations at or above their lowered 2020 forward looking guidance, maybe this uncompleted H&S...
WFC has been consolidating over the past five years, tracing a potential H&S pattern on the monthly chart. The 43 area has been the should support, holding up so far. If situation deteriorates with the company’s financials, regulatory remedies, and a recession, potentially the stock could puncture the 43 support area and decline further. The H&S target is in the...
Bullish MACD and RSI divergences. Targeting $50.70 with stop loss at $47.00. Weekly calls @ 47 strike look fairly attractive.
Wells Fargo bullish seems to be a one time affairs as theres significant signs of bearish rejection at the supply level near 88.6% of the Fibonacci retracement.
Hi, today we are going to talk about Wells Fargo and its current landscape. As nowadays we live in a consumerist society and access to a credit card has continually become easier to obtain, is reasonable to predict that the card debts are also going to rise too, as financial education isn't the strong point of U.S consumers, and are used to the debt culture....
Beta-R:Journal. Risk Management: Compound .Level : PA . Time: Short-term - Intermediate . This is just my view follow if it aligns with yours. Ideas are not repeated rather updated.Worry about risk only.
In the following graph we can appreciate the Head and Shoulders pattern. This pattern is known for being a reversal pattern as shown coming from an upward trend in the first shoulder (point A), reaching the peak and the head (point C) and ending on a downward trend on the right shoulder (point B). Also the base of the pattern is known as the neck line. I recommend...
Hi everybody! Thought I'd point this out! Going long WFC at 50.59, target is 52.99! It could struggle a bit around the $51 mark, so this isn't the very greatest one I've ever seen, but it looks really good! So we may pull back just a tad around 51, or not! LOL! Anyway have faith that it will happen and stay tuned!
here is mit forecast for Wells Fargo & Co on a short term basis.