Good call, it was doing well today for a rebound but the CEO has a big mouth. I'm still for it going up after this... neckline is around the low to mid 44's
SurfsUpAssHat
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@MizzouChemRxn, agree it will be a good time to go long on this one to the upside. Will be looking at some call leaps.
MizzouChemRxn
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@SurfsUpAssHat, to keep risk to downside the March 2022 calls for 50 strike are super cheap. I know because I’m getting my ass handed in them from when WFC was 48/share.
MizzouChemRxn
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@SurfsUpAssHat, Hope you printed some calls... wow it's up 6%+ today
@SurfsUpAssHat, What did you do on them? Puts or calls? They're still up nicely today.
SurfsUpAssHat
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@MizzouChemRxn, calls. A win either way but would have been nice to play both stocks
MizzouChemRxn
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Inverse head and shoulders on XLF, BAC, JPM... WFC has had poor news and so it doesn't look the same. Also, you could call (your chart shows) WFC a cup and handle with a retracement of the handle that has now formed into a symmetrical triangle.