Wells Fargo & Company
Long

WFC - Ascending to the top

53
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Volume
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- Neutral

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Price Action
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- Ascending triangle
- Supported on uptrend line

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Technical Indicators
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- Ichimoku
>>> price above cloud
>>> Green kumo expanding
>>> Tenken [Conv] - Above clouds & Lagging & pointing up
>>> Chiku [Lagging] - Above clouds & flat
>>> Kijun [Base] - Above clouds & above Conv + Lagging, pointing up

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Oscillators
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- MACD still bullish
- DMI still bullish
- StochRSI, bullish, approaching overbought

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Conclusion
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- Ichimoku overall >>> Bullish
- Oscillators overall >>> Bullish

- short to long term breakout swing
- price may reverse at current level, to enter spot or wait for pullback at entry 2.
- Entry and exits depends on your time horizon and risk management.


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Positions
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Entry 1 - $87
Entry 2 - $82

Stop - $75

Exit 1 - $95
Exit 2 - $105
Exit 3 - $117
Exit 4 - $135

Declinazione di responsabilità

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