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Bullish Case: Entry into Bitcoin ETF market ([Helium], [Helium]) and positive price trends over multiple time frames ([Helium], [Helium], [Helium], [Helium]) signal strong performance and investor confidence in WFC.


Bearish Case: Recent lawsuit ([law360.com]) and potential for regulatory issues ([Helium], [Helium], [Helium]) remain headwinds that could undermine WFC's stock performance.


Potential Outcomes:

1. Ongoing lawsuit negatively impacts WFC's reputation: 30%.

2. Bitcoin ETF involvement boosts stock price: 40%.

3. Regulatory clampdown pressures stock: 30%.


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April 03, 2024


Wells Fargo Forecast

WFC        Wells Fargo
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











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IWR Forecast + Options Trading Strategies   IWR  BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap (0.96)



Uncorrelated Stock Forecasts

Assets with little price relationship to WFC



IPG Forecast + Options Trading Strategies   IPG  Interpublic Group Of Cos. (-0.0)


SUPN Forecast + Options Trading Strategies   SUPN  Supernus Pharmaceuticals (0.0)


DAVA Forecast + Options Trading Strategies   DAVA  Endava plc (0.0)


HOLX Forecast + Options Trading Strategies   HOLX  Hologic (-0.01)


PFS Forecast + Options Trading Strategies   PFS  Provident Financial Services (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against WFC



TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.94)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.95)


DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.95)


SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.95)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.96)





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