WFC
Updated
The 20-day SMA has leveled off over the past week and is closing the gap between the longer 50-day SMA. The low RSI reading of around 40 means that it won't take much more selling pressure to trigger an oversold signal to investors.
Trade closed: target reached
The stock has hit its valued price
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.