SCHW good R/R
Trade Idea: Potential long trade on SCHW (Charles Schwab).
The stock is retracing to a channel trendline aligned with a gap filled today, possibly offering a favorable risk-to-reward setup.
Target 1 around 64 could cater to a safer approach, while a more aggressive stance might aim for the 74.81 gap fill.
The stock is retracing to a channel trendline aligned with a gap filled today, possibly offering a favorable risk-to-reward setup.
Target 1 around 64 could cater to a safer approach, while a more aggressive stance might aim for the 74.81 gap fill.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.