Like nearly all the other financials on Wall Street did
WFC
not enjoy Friday. Gap up above the prior high, but then the turnaround. Which, in combination with the uninspiring volume lately, makes me a shortie with a nice RRR of 4.5. But beware of the earnings on the 16th.
WFC
not enjoy Friday. Gap up above the prior high, but then the turnaround. Which, in combination with the uninspiring volume lately, makes me a shortie with a nice RRR of 4.5. But beware of the earnings on the 16th.
Trade active:
Almost there. But if the daily candle today keeps looking like an intraday reversal at close, I will realize profits, at least half of the position.
Trade closed manually:
Damnit, forgot to update here:
Target was almost reached, before WFC decided to run up after earnigs on the 16th. So I took profits after the Morning Doji Star on the 18th.
= 4% profit
Target was almost reached, before WFC decided to run up after earnigs on the 16th. So I took profits after the Morning Doji Star on the 18th.
= 4% profit