While most bank stocks are trading far below their highs, Wells appears headed into the ozone.  Their all-in bet on residential mortgages has paid off as the housing bubble, er, boom washes away any vestigial notions about real estate being risky.  From a technical standpoint, the stock looks bound for a minimum 39.85 over the near term. Although that would still leave it $5 shy of the 44.52 peak achieved before the Great Financial Crash of 2008-09, the peak would likely become magnetic once WFC has broken the $40 barrier.