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Is WFC likely to continue higher? 20 Day Moving Average Support shows up after a flat session
WFC closed flat on Friday, August 7th with volume at 0.5× average. Mixed technical signals appeared with 20 DMA Support and Slingshot Bullish and 180 Bullish Setup suggesting upside potential, while MACD Bearish Signal Line Cross and Directional Movement Crossover Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 86.4, 85.56 & 85.08, with resistance at 87.72, 88.2 & 89.04.
Current SwingTradeBot Technical Rating of WFC: C
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
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