Pressing Hard on This Wells Play
Sometimes I see earnings charts I like, and sometimes I see earnings charts I really like. I hesitate to use the word "love."Wells Fargo (WFC) -- Daily Source: StockCharts.com View Chart » View in New Window »
The issue isn't confined to the chart, though. For instance, on this chart of Wells Fargo (WFC), I see a very large wedge formation, with a price and relative-strength index that are the verge of breaking out ahead of the bank's scheduled report Friday morning. This makes me think bullishness, as well as volatility, yet with a bullish slant....278 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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