NYSE:WFC represents a potential bullish opportunity should momentum continue and newer highs be made. Entry condition: (i) breach of the upper confines of the Darvas box formation - i.e.: above high of $61.76 of 23rd April. Stop loss for the trade (based upon the Darvas box formation) would be: (i) below the support level from the low of 3rd May (i.e.: below...
WFC looks bearish. The rising wedge broke down and it's likely to see more downside on WFC. Enter short position at the bearish retest. Targets are shown on the chart. Invalidation of the thesis would be if the price comes back and closes successfully above the upsloping resistance .
After the last price target was reached: Now looking at the WFC Wells Fargo & Company options chain ahead of earnings , i would buy the $42.5 strike price Calls with 2023-7-21 expiration date for about $$1.02 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.
The WFC options market is displaying a bullish trend, with resistance at 50 and support at 47. Stay informed and make informed trading decisions by keeping an eye on these key levels. Stay ahead of the game with our latest update on WFC options trading.
WFC potential head and shoulders will look for entry if we break above moving average 200
WFC daily bullish hammer at double bottom retest has to be quick till earnings and countertrend. Stop loss below hammer, take profit to size of last retracement.
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
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...
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: ...
Wells Fargo shares gained nearly 15% so far this year ahead of its fourth-quarter earnings, which is expected to enjoy better loan activity and a higher net interest income than that seen in early last year due to favorable industry trends. The fourth-largest U.S. lender is expected to report its fourth-quarter earnings of $1.11 per share, which represents a...
Welcome to our Weekly V2-Trade Setup ( WFC ) ! - 4 HOUR Bullish break above main sr level.. DAILY Expecting more bullish pa! WEEKLY Great midterm long entries. - STOCK SETUP BUY WFC ENTRY LEVEL @ 47.36 SL @ 44.78 TP @ Open Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for...
Entry price: 48-50$ Target price: 54-55$ Chart pattern: Bullish symmetrical triangle. The price just broke the upper boundary of triangle and retested that level as a support. Moreover, the price breakout was confirmed by increased volume. RSI: Neutral, approaching 60 level, thus, there is still a potential for the future growth. Conclusions: Chart pattern and RSI...
The technical figure Triangle can be found in US company Wells Fargo (WFC) at daily chart. Wells Fargo & Company is an American multinational financial services company. The company has operations in 35 countries with over 70 million customers globally. It is considered a systemically important financial institution by the Financial Stability Board. The Triangle...
👋 Hello Traders! In this video, I analyzed #WFC in detail. I bring to your attention one of my orders. 📈 #WFC went down for a long time (MN1) and only in May WFC broke through the downtrend and formed a new uptrend. WFC completed the correction in June and broke through the new level 47.45. Now the WFC is going up to three levels 54.30, 58.50 and 65.35. 🎯 I...
Hello! Friends, -This would be a great Buy Opportunity, IF NYSE:WFC breaks up the Daily Resistance line at $47.30 (with a WHOLE DAILY Candle) !!
Broke through (yellow) line of resistance and set a new high at 30.52. Will look to play something after another breakout of that price level (30.52) to catch newer highs.