Long term analysis moving forward we have a big level here at the 120EMA being tested today. If this financial market boom continues, we should expect WFC to get back to PRE COVID levels around $ 45.00 Watch this chart closely for a break above this EMA - Anything below this EMA has always been a dip buy! You can see it took a long time during COVID for this to be dip bought back to the 120EMA on the weekly!
Note
The drawn in Moving Average is a predication of what it may look like moving forward through this decade.
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