Category Archives: WFS

Bank of America Corp (NYSE: BAC) It is firm down the market bottom has finished in Sept. The stock now is closing the previous high. According to the 100% green volume by price at $9.5-$10 level. If the stock breaks through $9.75, we should see a very strong action upwards. RSI is sloping upwards. there might be a MACD crossover if +ve price action continues, as well as CMF crossover.

Citigroup, Inc. (NYSE: C) Despite the CEO’s recent departure, the stock is doing way better than the peers in banking industry. RSI shows oversold level. I am uncertain and doubtful on the recent run. I am looking for a corrective move.

J.P. Morgan Chase & Co (NYSE: JPM) The most healthy trend among other stock I mention today. Upward channel. Bband just finished a consolidation. Stock touches upper band of Bband, healthy MACD, CMF. 

Wells Fargo & Co (NYSE: WFC) has previously reaches oversold level below 40 in RSI (considering in a case of uptrend) The stock has made a run and closes at a $34.47, higher than the previous two day’s candlesticks, trying to fill the Gap. Entry order at closing when a price is over 50day MA or $35.0 (filling the gap) is a good way to get involved.

Disclosure: I am long BAC and might initiate a long position in JPM