Thursday, August 14, 2008

Trade Update: WFC

We are short 1/4 WFC from 29.56 and short another 1/4 from 30.29. From the 15 minute chart you can see that 32 is the clear mid term resistance. So, we move all stops to 32.63 i.e.

Buy to cover 50 shares WFC Stop price = 32.63

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