vf_investment

Wells Fargo SHORT

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NYSE:WFC   Wells Fargo & Company
Some weeks ago we have published analysis on the WFC stock where we explained that more downside is likely:

This time, we have a pleasure to show you analysis on lower time frame.

We expected more downside as the chart indicates a bearish sentiment as it forms a double top pattern.

Entree at 40.79
Stop-loss at 42.58
Taking profit at 36.55


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