Wells Fargo & Company
Long
Aggiornato

FundaTechno Analysis | WFC Demand Zone

379
Interesting things here, WFC is the holdout of big financials that didn't cut their dividend. Boomers didn't like that apparently.
Earnings coming up, we may see some surprise announcement that is enough to give relief short term as well.

We are trading in a demand zone outlined in the purple rectangle, which is also forming a reverse head and shoulders.
Also entered the cloud with a green twist, accumulation may be coming to an end. Overall bullish.
Macro fib retracement down shows the golden pocket perfectly aligned with the gap down, I am looking to fill this eventually.

Funda-TechnoStyle
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Trade attivo
Position opened @ $23.95

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