X = 2022 High A = 2022 Low B = .618 XA C = .886 XA D = .786 XA Price Targets B: $361.16 (Conservative) C: $287.36 (Moderate) Aggressive: $250 - $275
Just my basic MONTHLY charting. I have marked what I see as the POSSIBLE bottom (support). I see overall DOWNTREND. I have marked my potential BUY/SELL LEVELS for LONGS/SHORTS/CALLS/PUTS.
This is very short term. Closed on the downward impulse, bouncing off the 5th wave origin. Down we go, it's like ping pong in here. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a...
🔸️Ticker Symbol: $WFC timeframe: 1 Hour 🔸️3X Bear Pattern 🔸️Investment Strategy: Short TECHNICAL ANALYSIS: I posted this short position on the 18th.. it took only two days to play out; and those who took this trade doubled their investment. Not only did we have a divergence on our money momentum, which was moving out of the market, but we had a rejection on the...
🔸️Ticker Symbol: $WFC timeframe: 1 Hour 🔸️3X Bear Pattern 🔸️Investment Strategy: Short TECHNICAL ANALYSIS: $WFC is about retest 46.26 for the third time this week, and with the overall market looking weaker, I am looking for short positions on this ticker. Money momentum making lower high's, and price "stuck" at the low $46's and every time money momentum gets...
The bank earnings season continues with Wells Fargo. The San Francisco-based bank is expected to earn $0.80 per share on revenue of $17.5 billion, or less than a year ago quarter. Re-test of the resistance is expected followed by a deep dip to the $ 33 support level. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a...
A bullish swing trade? Bouncing of EMA10. Target is 1.2x
WFC has found support at the 2.618 Fib level (circle) Price has found its place above of an upward channel that can be drawn A downtrend can also be seen which hits the low point
Banks look on the verge of long term breakdown out of broadening wedge pattern with massive monthly RSI divergence.
Wells Fargo Short Term - We look to Sell at 52.76 (stop at 54.67) Preferred trade is to sell into rallies. There is scope for mild buying at the open but gains should be limited. Bespoke resistance is located at 52.00. The bias is still for lower levels and we look for any gains to be limited. Our profit targets will be 46.89 and 44.53 Resistance: 52.00...
Inside 4 hour for the continuation? Banks may push this week as earnings season kicks off. Closed above the trigger to keep the 2u in force.
wfc is at the strong support line so you can entered to a buy position with carefull postion sizing still not late to get in but be carefull. we got earning coming next week but it seems earning would not be bad wfc is a big bank with cheap stock price compare to JPM.
Wells Fargo - Short Term - We look to Sell at 51.31 (stop at 53.31) Preferred trade is to sell into rallies. 20 1day EMA is at 51.20. Bespoke resistance is located at 51.00. The bias is still for lower levels and we look for any gains to be limited. Our profit targets will be 46.00 and 44.53 Resistance: 51.00 / 55.00 / 60.00 Support: 46.00 / 43.00 /...
Entry: 50-52 Stop loss: daily candle closing below 50 Reward/Risk: 4 Target range: 60-61 Time Frame: 4-6 wks Possible gain: 15% Possible loss: 3.75% Position size: 5 % of trading capital You can see the most important support(green line) and resistance (red line) levels. Best, Dr. Moshkelgosha M.D DISCLAIMER I’m not a certified financial planner/advisor, a...
Wells Fargo - Short Term - We look to Buy at 51.28 (stop at 49.63) Preferred trade is to buy on dips. Previous support located at 51.00. We have a 61.8% Fibonacci pullback level of 51.49 from 46.04 to 60.30. The medium term bias remains bullish. Expect trading to remain mixed and volatile. Our profit targets will be 56.06 and 59.10 Resistance: 57.00 /...
Wells Fargo & Company ( NYSE:WFC ) Sector: Wells Fargo & Company (Major Banks) Market Capitalization: 210.571B Current Price: $54.19 Breakout price: $54.40 Buy Zone (Top/Bottom Range): $54.10-$51.60 Price Target: $58.90-$59.40 (1st), $65.40-$66.20 (2nd) Estimated Duration to Target: 43-47d (1st), 100-105d (2nd) Contract of Interest: $WFC 3/18/22 55c, $WFC...
Bullish in our assessment with a long term outlook. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely...
Wells Fargo - Short Term - We look to Buy at 52.00 (stop at 50.30) We look to buy dips. 50 1day EMA is at 51.50. Buying continued from the 50% pullback level of 52.56. Posted a Bullish Hammer Bottom on the Daily chart. Previous resistance, now becomes support at 51.00. Our profit targets will be 58.10 and 61.45 Resistance: 55.00 / 59.00 / 65.00 Support: ...