The Descending Triangle is just one piece of the puzzle. See the full technical breakdown.
Bearish continuation pattern.
A clear signal has emerged for Wells Fargo (WFC) on the daily chart. Price has moved to $86.39 (0.12%) amidst recent volatility. Price action has carved out a classic **Descending Triangle**. Volume is average (0.46x avg) with moderate trend strength (6.4). A potential breakout level is identified at **$85.09**, targeting **$72.9** with support near **$95.09** (R:R 1.22).
What is your outlook on WFC?