By Licia Leslie
July 21, 2024
Hi Shoppers,
Wells Fargo (Ticker: WFC) looks like it has made a double top:
Looks to me like it wants to trade down to $56.60 once it trades below the 21 day moving average at $56.12.
I like the 59 puts for this week:
Use a close over the 50 day moving average at $59.42 as your stop loss.
Trade Review
Nvidia (Ticker: NVDA) traded lower but it is still holding support. Keep your eye on it for a change in trend candle before hopping in on the long side.
Thanks for Reading … See You Next Tuesday,
Licia Leslie
Licia Leslie
Head of Technical Analysis
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