CFD Trading – Buy Well Fargo & Company (WFC.NYS) @$48.00. Stop @ $45.60 and Target @ $52.30.

Well Fargo & Company Stock Code WFC.NYS


Price broke above the cloud with a large white candlestick, after dipping below the cloud for 2 days during a price correction, which could be a hint of a strong bullish price trend ahead. Price also created an Ichimoku reversal with a price target at $52.30. Conversion line and Base line had a bullish crossover and is hinting of a bullish price trend ahead. Lagging Span is above price of 26 days ago and above the cloud, confirming the bullish trend.  MACD is bullish. There was a bullish MACD crossover in the bullish zone, hinting of a bullish price trend ahead. If price is able to stay above the cloud, it could be heading towards the Ichimoku V-shaped price target at $52.30.


$48.00                Buy

$52.30                Price Target

$45.60                Risk Management Stop

3 weeks              Trade Duration

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.