Wells Fargo may rise to 66.00 - 67.90

Our pivot point stands at 57.1.

Our preference

The upside prevails as long as 57.1 is support.

Alternative scenario

Below 57.1, expect 54.1 and 52.2.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 59.6115 and 59.2376).

Supports and resistances

69.8 **

67.9 *

66 **

64.2

60.39 (USD-last)

58.4

57.1 **

54.1 *

52.2 **

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