WFC rebound weakly (for Short)
Updated
WFC shows lack Of strength To rebound higher, comparing to the market and competitors.
My quant model predicts
Profitability: it has a high probability(68%) to drop below this level ($46.94).
Worst Case: it could rise to $50.25
Money Management: Bet no more than 25% of capital
Suggested Strategy: short stock for 5 Days
My quant model predicts
Profitability: it has a high probability(68%) to drop below this level ($46.94).
Worst Case: it could rise to $50.25
Money Management: Bet no more than 25% of capital
Suggested Strategy: short stock for 5 Days
Note
My quant model predicts WFC has 60% of chance to go south.So, keep it for another 5 days.
Note
keep this position until the trend is confirmed to be reverted.
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