Technical Indicators like MACD, RSI, Stochastic, Parabolic SAR & Bollinger Band confirmed the bearish trend. WFC is also below 20D and 50D MA.
Friday, December 4, 2009
Wells Fargo & Co (WFC) - Head & 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.
Technical Indicators like MACD, RSI, Stochastic, Parabolic SAR & Bollinger Band confirmed the bearish trend. WFC is also below 20D and 50D MA.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment