Wellsfargo
ES : TIME 2 GET SERIOUS / 8'S CRY 4 HELP alright boyz
idc how much xbox u play
or how much reddit u read...
the mkts crashing.
&
im dealing with identity theft
still
the timing
.....
whatever!!!!!!
welcome to monte carlooooooooooooooo
i cannot and will not let this get in my way while the oppurtunity of a lifetime is upon us!!!!!
I have made a completely new bank accounts, emails, two new phones etc etc etc
and i want to try a new brokerage
any ideas?
I trade options and basically thats what I want the account for
speculation
I am looking for something that offers good charting on options and what not
...... also if you guys got some yummy short ideas that not everyone is crowding in on feel free to send me a message or comment below
I'm gonna be posting more frequently again
Ive been running around securing all of my accounts
as a result, I feel a bit out of step with the markets
so any input or ideas is greatly appreciated especially right now
looks like things are going to be moving quick....
key level is at 3655
below & more downside is likely to come
trade level headed
goodluck
is WFC bullish ?Wells Fargo ticker symbol WFC
- On the monthly timeframe a trend line from 2008,2009 Financial crisis to covid crash and price is pouncing back with a strong bullish engulfing candlestick pattern.
- (knowing that 15%~20% is a good indication) Wells Fargo PRICE TO FCF ratio is 3.33% a very good indication to go bullish.
- Book Value per share is 45$ higher than stock price 29$ another good indication to go bullish on WFC.
- WFC intrinsic value is 75$ with 6Y projected FCF and growth rate of 9.5%, WFC is considered to be at discount.
- price declined more than 50% from all times high, happens only every 10 or 20 years.
hold for 5 years or more WARREN BUFFET investing method
Wells Fargo Set to Surge?
The Fed reserve said late Friday it will let allow banks to start buying back stock again, restrictions that were put in place amid Covid 19 back in June of 2020.
With that little bit of fundamental news and the technical charts where Wells Fargo is, we can look for some long entries on this stock.
Our Monthly chart shows a 10-year Support levels near $24 per share with the stock making some bullish progress pre-Christmas.
Looking at support resistance form a linear fashion; we can see price sold a little out of the bearish trend and made a move back into this 10-year regression channel.
Our 4 Hour trend Finder Chart has discovered some bullish movement already and prices closed Thursday Christmas Eve at $29 dollar range.
We see price moving respectfully off of the 20-EMA here. How would we play this? I am not a typical stock holder myself. I like derivatives. I trade Futures and Options. In this case I looked at the options table and checked for the Implied Volatility to make sure that I am not buying expensive premium. Remember, most inexperienced options buyers fail even when the direction is right because they don’t simply know how to check for the premium being fair price or high price.
Now where are my targets? A short-term target is nearby at $33, followed by a long-term target back up around the $50 area. I would prefer to buy a LEAP Option here on the options table and hold this trade in my portfolio.
A January 21, 2022 Call Option $30 Strike near the midpoint bid/ask price of about $4.50 per contract= ($450 per contract). This is a long delta trade, meaning all my premium is the most I can ever lose. I got time (theta) on my side and premium is moderate. Its not the cheapest in the world but it will do simply fine.
I have more ideas I share FREE on my email list if you are not already on it. We work with Futures, Futures Commodities Spreads, and Options ideas.
Wells Fargo Stock AnalysisPrices are moving inside a channel, the idea is to hold before going long. Just wait that the prices will get closer to the bottom flat resistance line before going long.
Wells Fargo — Wells Fargo shares dropped 5% after the banking giant reported a weaker-than-expected profit for the third quarter. The company said its earnings per share came in at 42 cents and analysts polled by Refinitiv had forecast a profit of 45 cents per share. Wells Fargo’s net interest income fell by 19% to $9.368 billion from the year-earlier period
WFC (WELLS FARGO & COMPANY) LONG SET UPTITLE/(DATE)- WFC Wells Fargo (9/23)
ASSET- STOCK
ORDER TYPE- market first/BUY LIMIT
Time Frame-1Week
ENTRY PRICE 1- $23.40 market ✅
ENTRY 2- $20.40 (pending)
STOP LOSS- $18.40 (50 PIPS)
TAKE PROFIT 1-$28.40 (50 PIPS)
TAKE PROFIT 2- $33.40 (100 PIPS)
TAKE PROFIT 3- $38.40 (150 PIPS)
STATUS: 🏃🏽♂️ACTIVE 🏃🏽♂️
Wells Fargo & Company is a bank holding company. The Company is a diversified financial services company. It has three operating segments: Community Banking, Wholesale Banking, and Wealth and Investment Management. The Company offers its services under three categories: personal, small business and commercial. It provides retail, commercial and corporate banking services through banking locations and offices, the Internet and other distribution channels to individuals, businesses and institutions in all 50 states, the District of Columbia and in other countries. It provides other financial services through its subsidiaries engaged in various businesses, including wholesale banking, mortgage banking, consumer finance, equipment leasing, agricultural finance, commercial finance, securities brokerage and investment banking, computer and data processing services, investment advisory services, mortgage-backed securities servicing and venture capital investment.
WELLS FARGO ( For Invest ) Long termWells Fargo is a company that for the long term will have some good moves. You just have to wait patiently. Always be on the lookout before buying the possible S&P500 Crash.
We must also take into account several fundamentals with this type of company. When they bring out a digital currency, we must see its evolution and what relationship these companies will have with them. If they are going to be involved? they will have good results, but if they are excluded from participating in the Crypto Coin? They will be very high risk companies.
I hope you can make a profit
WFC (Wells Fargo) The Comeback It is a rough time for many banks, But that does not mean it is necessarily going to stay like this. With Warren Buffet currently increasing his stakes in the BAC (Bank of America), Whom also holds large similar stakes in Wells Fargo with both being extremely similar especially on the charts. We could actually see Wells Fargo stock vastly increase, Now i am not saying it isn't going to be a bumpy ride with the current stop and starting of the economy worldwide but quite frankly because of Wells Fargo poor performance it has provided a great opportunity for investors. So to wrap it all up if Wells can catch up with the Bank of America (BAC) in the pre provisioning operating profits then the stock value could nearly double providing a great investment opportunity. Whilst provision charges can fluctuate violently through the cycle, pre-provision profit does not flex to anything at the same extent. When provision charges fall away after a recession, The bottom line starts to improve rapidly which is what we could see happen in the upcoming weeks/months/years.
Disclaimer: I am not advising anyone to take any trades nor do i bare responsibility for any losses, Furthermore I am only sharing my analysis & speculation for you to make your own decisions. Do your own analysis and use the correct risk management. Dont bet the house.
WFC - 1H - 21.07.2020 (17.07 Follow up)#WFC -1H - 21.07.2020 - Ready, set...
After a brief skid this monday, price broke our second downtrend with a solid bullish candel (Economic fundamental causes behind it). Hopefully, the beginning of new tendence.
If we look at closely our Ichimoku cloud indicator, we will find that tenkan (convertion line) crosses upward Kijun (base line) when the price is above the cloud. According to the rule book of our friend Mr. Ichimoku, this is equivalent to a strong buy signal entry.
Tomorrow will be crucial to consolidate a 25.90 - 26.10 price range. After that, we can start thinking about the firt medium term resistance at 30 USD.
Wells Fargo - show me some loveOne of the big four is again similar in 2008 facing uncertainty. Last time the Fed asked them if they see a dark future in its capability to withstand the crisis.
Now again, WFC is at some risk but is it really? Ok, slashing 50% of the dividend may sound discouraging and you can see it from the price movements. Nevertheless, the risk this time is not comparable and WFC will once again endure the period of fear and uncertainty and move up.
This is an amazing chance to accumulate a "don't touch this stock" while its trending this low. Besides, if it gives you a 25c dividend it is still returning a very good %. I just can't keep away from buying it.
Maybe purchase in lots for every$1 move down.
QEP potential bull marketYou can see that the MACD gives a buy signal on 2 July, and CMF shows us, there are more buyers than sellers.
I think we're standing at the beginning of the bullish market.
On 4 July QEP got $500 million financial help for Wells Fargo Bank, so the liquidity of QEP is stable now.