BBTrader29

WFC Head and Shoulders

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NYSE:WFC   Wells Fargo & Company
WFC has developed a head and shoulders pattern on its weekly chart. Each shoulder has made up 1/3 the range ($6) of the head, which is typical. Typically if this breaks down out of the head and shoulders pattern, we can look for 1/3 range to the downside which would put us in resistance right around the $41 to $39 range.
交易結束:達到停損點
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