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Short Trade Ideas Overview (video)

The following video provides an update on all of the recent official short trade ideas on Right Side Of The Chart, including all Active Short Trades as well as a few that had recently hit one or more profit targets or exceeded their maximum suggested stop. The following trade ideas are covered in this order: [...]

WFC Trade Entry & Setup

WFC (Wells Fargo Corp) offers an objective short entry here at the 51ish R level (51.09 now) with a stop above 51.85, ideally on a closing basis. T1=50.10 & T2= 48.82. WFC daily 1 Nov 11th note: I rushed to get this chart & trade entry out asap. I will post a cleaned-up [...]

Nov 10, 2016 10:01am|Categories: Completed Trades - Short|Tags: |1 Comment

WFC Trading At Key Support

WFC is trading at long-term support while at oversold readings that have historically preceded significant rallies in the stock in both bull and bear markets (green arrows). 10-year weekly chart: WFC weekly Feb 11th On this 4-year, 2-day period chart, WFC testing key support with some potential positive divergences setting up on the [...]

Feb 11, 2016 10:50am|Categories: Equity Market Analysis|Tags: |Comments Off on WFC Trading At Key Support

WFC Final Target Hit for 14.2% Gain

WFC (Wells Fargo) gapped below the final target yesterday to open at 49.00. As any standing BTC limit orders at the final target of 51.77 would have been bypassed & filled at the opening gap price (limit orders to buy/sell a position are filled at the limit price or better). This resulted in a 14.2% [...]

Aug 25, 2015 9:20am|Categories: Completed Trades - Short|Tags: |Comments Off on WFC Final Target Hit for 14.2% Gain
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