Not so Wells Fargo

Here is a look at a short trade we did last Friday in Quick Takes Pro.

The chart showed a triple top (sort of) with defined risk and good risk/reward. Sold it Friday at the open at 32.76 and we are looking for first stop just under 30. We would be wrong on a move over resistance at 34. The only problem was the gap down open.

Note on-balance volume was falling throughout the trading range as a hint that money was already fleeing. The Feb low near 27 is not out of the question.