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Wells Fargo Struggles Despite Market Rally

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March 21, 2011 – Comments (0)

Wells Fargo & Co.(NYSE:WFC) is struggling this morning to catch a meaningful bid higher despite the large stock market advance. This tells us that Wells Fargo stock is weak relative to the major stock indexes. Scalp traders can watch the $31.40 area as intra-day support and a likely bounce level for the stock.



Nicholas Santiago
InTheMoneyStocks.com

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