The 1/3rd gann line is acting as a strong support aswell as the 0.382 fib level that created a triple bot. The price will pull back to 0.382 level to the short term fib level which lines up perfectly with the 1/3rd gann support line and from there it will continue its way up to $27.07 price target which is the trend line and which is also 1.272 fib level before...
It is a rough time for many banks, But that does not mean it is necessarily going to stay like this. With Warren Buffet currently increasing his stakes in the BAC (Bank of America), Whom also holds large similar stakes in Wells Fargo with both being extremely similar especially on the charts. We could actually see Wells Fargo stock vastly increase, Now i am not...
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.
