FundaTechno Analysis | WFC Demand Zone
Interesting things here, WFC is the holdout of big financials that didn't cut their dividend. Boomers didn't like that apparently.
Earnings coming up, we may see some surprise announcement that is enough to give relief short term as well.
We are trading in a demand zone outlined in the purple rectangle, which is also forming a reverse head and shoulders.
Also entered the cloud with a green twist, accumulation may be coming to an end. Overall bullish.
Macro fib retracement down shows the golden pocket perfectly aligned with the gap down, I am looking to fill this eventually.
Funda-TechnoStyle
If you vibe drop a follow
Earnings coming up, we may see some surprise announcement that is enough to give relief short term as well.
We are trading in a demand zone outlined in the purple rectangle, which is also forming a reverse head and shoulders.
Also entered the cloud with a green twist, accumulation may be coming to an end. Overall bullish.
Macro fib retracement down shows the golden pocket perfectly aligned with the gap down, I am looking to fill this eventually.
Funda-TechnoStyle
If you vibe drop a follow
Trade active
Position opened @ $23.95
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.