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WELLS FARGO and its impeccable bullish channel

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Last November marked a major turning point in the bank’s share price. Since then, Wells Fargo has accumulated a revaluation of close to 120 percentage points.

Pro1 PREMIUM Portfolio

Resistances: $48.15, $52, $55, $60, $66.

Supports: $45, $43, $40, $35, $34, $30.

Targets: (Bullish) $54.50, $60, $66 (Bearish) $43, $35, $30-28.50.

Trend structure in WELLS FARGO:

  • Short term: Bullish.
  • Medium term: Neutral.
  • Long term: Neutral-bearish.

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