WFC Volume Spread Analysis

WFC

Potential smart money involvement in buying at this key level 23. As back in 2011 reference a strong support level of instituitional buying.
however the stock rally remain weak, signalling that there might still be more Supply > Demand. waiting for a retest on 23 level with lower volume to enter a buy trade setup.

Beyond Technical AnalysisTrend AnalysisvolumepriceanalysisvolumespreadanalisysVSA

Also on:

Disclaimer