Market needs a little pull back. WFC did not beat so maybe a little pull back before they move it back up. Of course lots of liquidity so maybe the move under 51 is as far down as they take it for now.
Over the past couple years Wells has found support at 50 moving day average which is increasing 4 pennies daily, now it is up to $51.10
Its a dividend stock that has a low beta, I don't think it will have anymore downward spikes like it had Friday.
I would cover at $51.10 if we approach it.