Wells Fargo & Co (WFC) – Head and Shoulders Formed!

Wells Fargo & Co (WFC) has formed a Head & Shoulders. If the stock breaks down the neckline of $26.50 with high volume, the stock may fall towards $22.37 level.
Technical Indicators like MACD, RSI, Stochastic, Parabolic SAR & Bollinger Band confirmed the bearish trend. WFC is also below 20D and 50D MA.

Leave a Reply