Wells Fargo & Company
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WFC monthly channel bounce

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XLF is at the bottom of a daily channel and bouncing. This coincides with WFC at the bottom of a monthly channel. Long WFC stock at 52. Long WFC 10/19/2018 52.50 calls at 2.75 and also at 3.00. Looking for a bounce to the middle of the channel.
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Closed calls at 6.30. Closed stock at 58.43.

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