Wells Fargo Trading Analysis (21/08/2025)
The trend is ascending. The stock is traded in the range between 365 and 135 ЕМАs.The downward truncated wave structure finished with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trade idea:
- Buy when the ascending wave structure begins to form.s.
- Stop-loss at 76.30.
- Price targets are 80.50 and 83.90.
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