WFC reported its 1st quarter earnings today, on Friday. The run down ahead of earnings was a technical pattern that indicated the stock was at risk of a run or gap down. WFC ran down as the market opened due to a weak report.
Martha Stokes, CMT
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Learn how to use the technical patterns of each market participant for better trade planning.
www.TechniTrader.Courses
Learn how to use the technical patterns of each market participant for better trade planning.