SCHW LONG (read why)
SCHW, after the last earnings season on July 16th, recorded a sharp collapse, losing over 19% in just 4 sessions. The market is saying this stock is overvalued despite above-expected earnings and revenue. The profile volumes you see in the image are completely unbalanced. In just a few ticks, very high volumes were collected for price protection. Today the price touched the floor of a parallel channel and, with momentum given by volumes, the price seems to have resumed the positive trend. Today, taking a long look at this stock is advantageous for the following reasons:
1 good fundamentals: this stock, generous in dividends, has excellent fundamental data and for these reason it is worth holding it for investing.
2 Trading with excellent risk-return ratio: Nonetheless, you would expose yourself to a small loss (subject to choosing the right money sizing) in the face of an ambitious TP.
Friendliness
1 good fundamentals: this stock, generous in dividends, has excellent fundamental data and for these reason it is worth holding it for investing.
2 Trading with excellent risk-return ratio: Nonetheless, you would expose yourself to a small loss (subject to choosing the right money sizing) in the face of an ambitious TP.
Friendliness
New Horizons
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