Wells Fargo may rise to 63.80 - 65.10

Our pivot point stands at 57.7.

Our preference

The upside prevails as long as 57.7 is support.

Alternative scenario

Below 57.7, expect 55.6 and 54.3.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 58.6965 and 59.518).

Supports and resistances

66.4 **

65.1 *

63.8 **

62.6

59.72 (USD-last)

58.5

57.7 **

55.6 *

54.3 **

Number of asterisks represents the strength of support and resistance levels.