SCHW trade ideas
SCHAWB(CHARLES) Corp (SCHW) - S&P 500 - False Break Price recently break through resistance, looking for price to retest previous resistance turn support.
Wait for price to do a false break around 61.30 area.
False Break candlestick pattern: Hammer / engulfing
Disclaimer: Below simple trading idea is just for sharing, please do your own due diligence and apply risk management.
Finance sector industry getting momentum!Stocks usually moves in clusters, and it is obvious that finance sector becomes hot since last week.
If you check the last week performance of the companies over 100 Billion market cap, soon you will notice 5 out of the first 10 best performance belongs to Finance sector. Interestingly, Wells Fargo ( check my WFC analysis published on Feb 16th) was the best performer and the only one with double digit return in a week among 88 companies with over 100 billion market cap..!
This types of analysis and results can help you differentiate a true analyst from crooked pumpers..!
Moshkelgosha
Broker a dealReversal setup to the upside
Reward/Risk: 3.1/1
Entry: 53.59 or at a lower price
Stop: 50.00
Target: 63.00
$SCHW - adding to watchlistTrend if your friend as they say. Keeps honoring the 20ma with a bounce. Will look for it to touch 20ma again for potential entry point.
$SCHW with a neutral outlook following its earnings releaseThe PEAD projected a neutral outlook for $SCHW after a positive over reaction following its earning release placing the stock in Drift B
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Cup and HandleJust over long entry level
Support at handle low/HL and mid cup which is 39.8..
Cup low is 28 and cup depth is 23.65.
Targets are calculated using cup depth and added to long entry level using fib levels. Cup depth is calculated using the high of the cup. Long entry level is usually placed right over the former high to clear resistance that
Not a recommendation
$SCHW technical short analysisDo agree with PivotBoss that this stock has some kind off resistance around 51$
another range bound play?i think its at a big resistance here on the daily, i could be wrong! but id look for a dip around 35, goodluck :)
SCHW Double BottomPicked up some $SCHW at $33.14. Frankly, I do not have full conviction in this trade. The SMA are screaming a sell. But it seems like the stock hit double bottom and is trading near the lower price range on the Bollinger Bands.
On the fundamental side, there's a lot of competition in the brokerage industry but with $4 Trillion in assets $SCHW may be a survivor.
@SCHW - BUY based on CCI 20 Close (-172.66)Buy Only for this One...
@SCHW
Estimated EPS USD 0.51
Last EPS USD 0.58
Last Dividend USD 0.18
@SCHW - Buy based on CCI 20 Close (-172.16)Buy Only for this One...
@SCHW
Estimated Earning per Share USD 0.51
Last EPS USD 0.58
Last Dividend Per Share USD 0.18
finishing correction until strong montly support then buy finishing 5 corrective waves in downtrend then buy for long term ( MY FAVORITE BROKER AND THE BEST ONE)
The Charles Schwab Corporation (SCHW) long.All description on the chart.
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Thank you.
Let's see what happens tomorrow, I think this can go up! SCHWProbably we can see it up to 38 before earnings
$schw Schwab an Intelligent Uptrendprices has moved above 20,50 and 150 MA's. MACD showing new upward trend, enjoy.
SCHW - Looking Bullish Following Gap Up ConsolidationCharles Schwab gapped up back on November 21st, I believe that may have been related to the news that they were looking to buy TD Ameritrade. Since then, the stock has consolidated but managed to hold its gap level. The stock seems ready to exit an oversold condition while the RSI level held its 50 mark. The gap up in November has allowed a Golden Cross to occur on the daily chart as well.
I have some price targets noted on the chart. The green lines are standard Fibonacci levels (61.8% and 100% levels). The light blue line is based on a dynamic P&F chart but the price coincides closely with the Fibonacci Extension 50% level as well & I love when multiple analysis seems to corroborate each other. There is still some potential resistance until around $50.20 but if the stock price can break through that level there shouldn't be much built up resistance ahead.
