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Charles Schwab Corporation (The)Charles Schwab Corporation (The)Charles Schwab Corporation (The)

Charles Schwab Corporation (The)

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SCHW trade ideas

Obviously bullish move. 15% over 3 months. Time for options? Using Elliott Wave (very basic analysis), we're likely in wave B of the correction, with a final punch up to the 0.236 fib which correlates perfectly with our current break out of the broadening wedge. Price target of $51 by mid Feb 2020, which correlates with the 1/3 timeframe of the broadening wedge. Although, even if we believe and are confident the price will get there, how do we make money on it? CLASSIC MOVE: PURCHASE SHARES OUTRIGHT Assuming a $3000 position, our PT is 15% away at $51 (or $6.50 up). We'd make around $450, and tie up $3k for 3 months. Our entry would be at around $44.50, with our stoploss at $41.98. R/R of 2.6 to 1. Our total risk here is $170 for a potential gain of $450. NEW MOVE: CALL OPTIONS I looked at options (March 20, 2020 calls), and $44-$48 calls are priced at $3.10 to $1.30, with the best value call of $47 at $1.30. That means if we hit the PT of $51 by March and are ITM, plus the premium, puts our breakeven at $48.30, which means we're only up $2.70 per contact at a R/R of essentially 2:1 aka ($2.70 gain to $1.30cost). Total risk of $130 to make $270. Overall, it's not really worth it to me. Let me know what you think!
NYSE:SCHW
by TMoneyBidness
1
$SCHW Charles Schwab Corp breaks above 200 Moving average Alert set for break above $44 from which point a long entry may be a good option given the length of the downtrend in which the stock has been in. The break above the 200MA is very bullish and the continued support from the 7&12 ma's encouraging. No need to rush into this stock it has a lot of room to the upside. P/E 16.10. Very reasonable. The Charles Schwab Corp. is a savings and loan holding company, which engages in the provision of wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. It operates through the Investor Services and Advisor Services segments. The Investor Services segment includes retail brokerage and banking services to individual investors, and retirement plan services, as well as other corporate brokerage services, to businesses and their employees. The Advisor Services segment provides custodial, trading, retirement business, and support services as well as retirement business services, to independent registered investment advisors, independent retirement advisors, and recordkeepers. The company was founded by Charles R. Schwab in 1986 and is headquartered in San Francisco, CA.
NYSE:SCHWLong
by Bullishcharts
SCHW 7 RRR shortTrading Methodology: 1. An asymmetric bullish/bearish pennant is drawn using ascending and descending curved trend lines with a minimum of three price action touche points per line. The direction is determined by the previous trend. 2. The angle tool is applied from the earliest two trend touch points, beginning at the earliest touch point. 3. A trend-based Fibonacci retracement triangle is drawn starting from the earliest trend touch point and ending at the earliest touch point of the opposite trend line . 4. Based on the degree, of the earlier defined angle, the appropriate (and secret) levels are selected for the fibonacci retracement ; two levels for stop-loss and two levels for take-profit. The closest stop-loss level to the current price level is the top priority stop-loss. Though the secondary stop-loss level is often chosen for some markets such as FX and some equities in order to account for seldom unexpected resistance breaks. The greater target level is the top priority, and where majority of the shares are sold, though some may choose to close part of the position at the first target level or set it to be the stop-loss once price exceeds it. Entries should be laddered in around the levels closest of the yellow line. This trading strategy can be applied to any market and time frame, and positions most often garner the greatest risk-to-reward ratio with the highest success rate. What more can you ask for? I will only be posting my unique trading strategy until EOY. I work solely with price action to identify pennants and apply unique trend-based fibonacci retracement levels for SL and TP levels. Reach out to me if you have any questions.
NYSE:SCHWShort
by fiboracle
$SCHW CHARLES SCHWAB CORP, RACE TO THE BOTTOM ON PRICE.Charles Schwab has gained considerable market share by challenging industry pricing standards. The launch of innovative products and services is expected to continue growth as cost conscious investors become more and more aware of their investment profits disappearing in fees. We are bias on the long side on SCHW despite the considerable fall in price from last summers market peaks. The stock seems undervalued to its peers at only 15 times EPS.
NYSE:SCHWLong
by RedHotStocks
$SCHW - _____ when everyone is _____ing So, this isn't the most respectable / reliable type of long chart setup, but in a market where everyone's selling - definitely, a good mid-longer term type of play without as much volatility for directional movement. The weakness in trend is easy to spot, so not only was it difficult to kind of gauge the realistic probability of what I expect the outcome to be (223% up-side) - BUT, unlike other equities, the weakness in hourly / 2 hour / daily etc., isn't one I'd consider a broken trend or 'change in regime' as of yet. So if you're having a hard time considering whether to be long on anything @ this point - you can take a look @ $ETFC or $AMTD because there's a certain threshold of expectations that, when deciding to be short / long / whether the trade even has potential, but doesn't meet the criteria "yet" - chances are the heavier the deliberation, the more probable the expected outcome. For me at least lol. Short - Mid term, I'm expecting breakout around 127% before consolidating, then essentially breaking 161% & up to test the highs @ 223%. Bad scenario would be to break 127%, not being able to hold, & depending on the size of the pullback - I'd expect the red fib to come in handy. Worst case scenario, would be a gap down to 127% in red, but I'm much more skeptical of that happening than I am of it testing the highs. I'll leave an example or 2 below of what the ideal result should look like.
NYSE:SCHWLong
by DerekD_