Wells Fargo (WFC)

.. $Wells Fargo & Co(WFC.US)$ apppears to have developed an ascending price channel making use of its 50-day SMA for support and the line above as resistance. New coming? Could be. Federal Reserve could potentially increase the limit on assets under managment that had been placed on this bank in response to all of the trouble they were in a few years back under disffreent management. I am long this stock.