Wells Fargo is not going to earn as much money as it did when it was at it's 52-week high. No matter how good the earning reports they won't be good enough to overshadow how much it made in 06 and 07. So how is it going to reach the price it was at in 06 and 07? Second the stock has moved up to $29 to fast and it has hit the same resistance level for the third time. The bad news is, is that it doesn't have nearly enough juice to support it's climb above $29. Fast Stochastic shows that it's over bought and it's not even breaking it's previous resistance level. That's BAD news for Bulls and GOOD news for Bears. Happy trading but I think the resistance at $30 level is their to stay for a long time.