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Wednesday, October 21, 2009

Wells Fargo WFC Stock Analysis

The following is stock analysis on Wells Fargo ( WFC ) for 10/21/09

Wells Fargo & Company Support and Resistance Levels - October 21, 2009

Resistance: $31, $31.53

Support: $30, $29.34, $28



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Wells Fargo & Company (NYSE:WFC) reports earnings this morning. On the upside, a break above $31.53 would be very bullish and you would likely see a further move higher. On the downside, Wells Fargo has support in the mid to low $29's as well as $28. I will buy if WFC falls below $28 going forward. For More Technical Analysis - Go Here

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