The Rounding Bottom is just one piece of the puzzle. See the full technical breakdown.
Gradual reversal from bearish to bullish.
Bearish continuation pattern.
Traders are watching Wells Fargo (WFC) as price action tightens. The stock is trading at $80.6, up 0.04% on the day. The primary technical feature is a Rounding Bottom formation. This setup is supported by average volume turnover. A potential breakout level is identified at $88.71, targeting $103.39 with support near $81.37 (R:R 2.0).
What is your outlook on WFC?