In my opinion, this is good time to buy WFC. What do you think?
Wells Fargo (WFC) looks so tasty! Monthly chart: Support level + Hammer + Oversold + Side of Bollinger Bands
(Reuters) - U.S. lender Wells Fargo said on Wednesday it had signed multi-year purchase agreements for renewable energy with Royal Dutch Shell's units, as it progresses toward its clean energy goals. The agreements would involve the development of new utility-scale solar installations in several counties, the lender said in a statement. Wells Fargo did not...
In case of SPY drop, 27.3/161.80% level or 0.786 upward fan line will work for support.
$ASPS over 1600 pre foreclosures alone in Las Vegas already, dont trust your realtor, possibly the worst time in history to buy a house, ride the foreclosure wave and invest in $ASPS. Nice consolidation and bear wedge, things baby is gonna be at the moon! Flush your mortgage stocks down the toilet $BAC $C $JPM $IMH $FBC $PFSI $PNC $WFC $FNMA $FMCC
Another financial that has recovered some, but probably has some room to run back to pre-COVID-19 levels .... . Metrics: Max Loss on Setup: $918 Max Profit on Setup: $332 Break Even: 31.68 versus 32.63 spot Debit Paid to Spread Width Ratio: 73.44% Notes: I like to do these split month, but there's no September available, so had to go out to October to buy the...
Wells Fargo en semanal.. Bancos deben empezar a recuperar conforme vaya recuperando la economía
It broke the downtrend line got above 50SMA and pulled back under 50SMA till to downtrend line. RSI is just above 50 and if it succeed to hold above the uptrend line the target price will be $30.46 12 month consensus price target is $39.11 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your...
1] Culmination of decline. "$24 is cheap price" - professionals decided to accumulate panic selling and establish longs 2] Supply has gone 3] Bullish attempt Expect recovery. The long-term target $40.
✨ New charts every day ✨ Like, Comment & Follow to help the community grow 🎉🎉 --- Depressing revenue and earnings predictions and a potential dividend cut aside, it is hard to justify shorting the big banks. Despite this, Wells Fargo's chart looks particularly bearish. While it is likely WFC will preform well in the future, it looks like for now this company...
Wells is now off more than 50% since the start of the Coronavirus pandemic. However, Wells suffers from much more than a pandemic: Over the last two years, scandals around nefarious sales practices, some unfortunate executive departures, and an inability to grow top line has hit them hard, and the crisis has hit them especially hard in revenue terms. We're now...
EVERYONE AND THEIR MOTHER IS BEARISH ON WFC . IT JUST COMPLETED A SHARK HARMONIC PATTERN. IMO ITS BOTTOMED OUT FOR NOW. GAINS ARE COMING . BUY THE FEAR DON'T MISS OUT.
Wells Fargo WFC has been hit by the Covid-19 crisis more than its' peers Citi, JPM or BAC. Now pricing at 27$ which is very close to the Support level. We also filtered this by looking at their fundamental ratios.
EARNINGS: And ... we're back into earnings season, which ordinarily kicks off with a bunch of financials. Generally, I don't play these for volatility contraction, since they don't get all that frisky generally, but this environment is a tad different from quarters past, with the 30-day in WFC (45/76), C (44/91), JPM (41/63), and BAC (40/70) all greater than 50%...
I simply marked down some interesting levels in the past to watch before they report earnings next week.
Hello everyone, WFC is going to see even lower lows, due to the Covid - 19 and the financial crysis. The levels it will fall to are 15, 10 or 8 $, I think though 10$ makes the most sense. I would say anything bellow 15$ is amazing entry, WFC has great fundamentals, so it will for sure see new highs, just wait for next year around March - May for entry. Good luck...
As of Bridgewater Associates' latest 13-F it is shown that Ray Dalio has entered new significant positions of: 90m USD in JPM 66m USD in BAC 47m USD in WFC 36m USD in C
Wells Fargo has earned itself quite the rap sheet over the last 4yrs, and this is only the stuff that they've been caught with. - finance.yahoo.com Q3 & Q4 2019 Earnings both missed expectations, and a lower guidance for 2020 has been provided. If they can maintain expectations at or above their lowered 2020 forward looking guidance, maybe this uncompleted H&S...