The Rounding Bottom is just one piece of the puzzle. See the full technical breakdown.
Gradual reversal from bearish to bullish.
Traders are watching Wells Fargo (WFC) as price action tightens. Currently at $82.2, the asset is showing downward momentum (-1.92%). Algorithmically, a Rounding Bottom structure has completed. Volume is strong (2.28x avg) with moderate trend strength (29.5). A potential breakout level is identified at $87.08, targeting $101.38 with support near $79.93 (R:R 2.0).
What is your outlook on WFC?