As for how volume fared, yesterday’s volume was up 63.87% from the previous day (tuesday), and up 24.28% from wednesday of the week before.
This is the 3rd consecutive hour wells fargo has seen its price head down.
For additional context, note that price has gone up 8 out of the past 14 days.
The price move occurred on volume that was down 31.65% from the day prior, but up 132.08% from the same day the week before.
The price move occurred on volume that was up 16.92% from the day prior, but down 4.28% from the same day the week before.
This is a reversal of the price action on the previous hour, in which price moved down.
Regarding the trend, note that the strongest trend exists on the 100 hour timeframe.
This move happened on lower volume, as yesterday’s volume was down 10.04% from the day before — and down 54.58% from the same day the week before.
Difficult to predict when shoots come, so better just owning and getting all the green shoots.
It’s been a feast for bears operating on an hourly timeframe, as wells fargo has now gone down 4 of the past 5 hours.