Bearish
- Inverse HS
- Multi rejections upward trendline
- Multi rejections major S/R level
- Bear flag
- Multi rejections at 0.5 fibo retracement
“It always seems impossible until it's done.”
Charles Schwab Corporation
Short Term - We look to Buy a break of 73.58 (stop at 71.93)
The medium term bias remains bullish. Posted a bullish Flag formation. A break of 73.50 is needed to confirm the outlook. Further upside is expected. Our bias remains bullish and further upside is expected to target resistance at 78.00.
Our profit targets will be 77.91...
break down short term move from 6/13/22 to 8/16/22....the previous post labeled this same move as a corrective abc...this post is still corrective with an impulse.
the projected (b) date would correlate with the previous post in terms of projected date estimates
SCHW offers a bullish push opportunity.
Price action broke to the upside with confirmation, retested and is holding thus far.
Buying volume present, 50 day support holding, RSI bullish.
Looking for continuation to the upside in the coming weeks.
I've identified a CALL option play that should benefit if this transpires.
A Wolfe Wave is a chart pattern composed of five wave patterns in price that imply an underlying equilibrium price. Investors who use this system time their trades based upon the resistance and support lines indicated by the pattern.
The PEAD projected a Bullish outlook for $SCHW after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 50%.
The PEAD projected a Bullish outlook for $SCHW after a Negative under reaction following its earnings release placing the stock in drift D with an expected accuracy of 100%.
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SCHW
some facts about schw chart and fund
earning was terrible.
a big bearish candle on the top
2 big gap there which need to be fiiled the orders . 2 boxes i draw
market sentiment is extremely bearish now
the only reason that you can see on the chart that price jumped from 81 to 96 has 2 reason.
first it broked the down trend, second because of tapering and 10...
There are more earnings coming up for the 18th. However, since the banking sector has not brought particularly good figures before, one does not have to expect that the following ones will bring a highlight.
If you are from a technical point of view, then you can establish a short chance in combination with unconvincing numbers.
I was looking for a value stock to add to my portfolio because of the incoming tightening policies that could have a bad effect on the market. Stocks like BRK, SCHW, BAC have all jumped up in the past days after a super hawkish FED minutes as people begin to move money into value stocks and gold. I think SCHW has the best returns and it's still not so high in...
* Great earnings
* Strong up trend
* High 3-month relative strength of 3.72 in the Financial sector
* Breaking out of a base on base pattern with higher than average volume
* Broke out a few days ago but due to the market conditions it had a slight pull back to the breakout point
Trade Idea:
* If you don't mind a little volatility and want to catch the bigger...
Growing revenues at a nice pace and has been under the radar for the longest time. Definitely a top bank but valuation is a little high..
could be a buy here
![SCHW: SCHW daily frame (resistance (c) of [B] @ 86)](https://s3.tradingview.com/5/5njjQWys_mid.png "SCHW daily frame (resistance (c) of [B] @ 86)")
![SCHW: SCHW daily frame [B] target @ 86 on 11/7/22](https://s3.tradingview.com/v/vcjYj1BB_mid.png "SCHW daily frame [B] target @ 86 on 11/7/22")
