WFC (Wells Fargo & Co.) closed at 53.22 on Nov 14th above the suggested stop for a loss of 4.2% on the trade. With the stock failing at the T1 level (now resistance) from the previous short trade back in 2015 which went on to hit the final target for a 14.2% profit coupled with the extreme overbought conditions & MACD rolling over, the odds still favor a move down to either of the previous price targets in the coming weeks.

WFC daily Nov 22nd

WFC daily Nov 22nd