Trade_Soup

SCHW Price Action Analysis

Long
NYSE:SCHW   Charles Schwab Corporation (The)
After a great rally on SCHW today, we are moving into the close with a bull flag that is nearing the bullish trendline and the 20 Exponential Moving Average (EMA).

Still holding my position from the open today with a trailing stop. Expecting another leg up from this flag if we see a good breakout tomorrow.

Hoping to see a nice 4R trade from this swing.

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.