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#19) WACHOVIA CORP NEW(WB) Forecast Chart for Jun 19, 2017*
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June 16, 2017 (RicochetTrader.com)

Forecast chart for WACHOVIA CORP NEW ( WB ) for the next 15 trading days, starting on June 19, 2017

On June 16, 2017 WACHOVIA CORP NEW had a closing price of $71.30 with 946,475 shares traded. The trading liquidity was $67.48M. The forecast predicted average opening price for trading date June 19, 2017 is $71.31.

Summary Information for WACHOVIA CORP NEW ( WB ).

Summary of the 10th percentile net composite return.
The best expected daily return of 0.6241% occurs on day 4 where there is a 10% chance that WB will rise to $77.78 (+9.07%) and there is a 10% chance it will fall to $66.64 (-6.55%). There is a 20% that WB will cross one of these price levels in 4 days, and adding the returns of +9.07% and -6.55% yields a net composite return of 2.52%. A net return of 2.52% in 4 days is an EDR of 0.6241% per day.

Summary of the 20th percentile net composite return.
The best expected daily return of 0.6805% occurs on day 4 where there is a 20% chance that WB will rise to $76.16 (+6.80%) and there is a 20% chance it will fall to $68.42 (-4.05%). There is a 40% that WB will cross one of these price levels in 4 days, and adding the returns of +6.80% and -4.05% yields a net composite return of 2.75%. A net return of 2.75% in 4 days is an EDR of 0.6805% per day.

Summary of the 30th percentile net composite return.
The best expected daily return of 0.7017% occurs on day 3 where there is a 30% chance that WB will rise to $74.65 (+4.68%) and there is a 30% chance it will fall to $69.48 (-2.56%). There is a 60% that WB will cross one of these price levels in 3 days, and adding the returns of +4.68% and -2.56% yields a net composite return of 2.12%. A net return of 2.12% in 3 days is an EDR of 0.7017% per day.

Summary of the 40th percentile net composite return.
The best expected daily return of 0.7472% occurs on day 2 where there is a 40% chance that WB will rise to $73.48 (+3.05%) and there is a 40% chance it will fall to $70.20 (-1.55%). There is a 80% that WB will cross one of these price levels in 2 days, and adding the returns of +3.05% and -1.55% yields a net composite return of 1.50%. A net return of 1.50% in 2 days is an EDR of 0.7472% per day.

* The forecast for WACHOVIA CORP NEW (WB) was made using market data after the close on June 16, 2017 but is generated for the next trading day, or June 19, 2017