Expecting Mark Down PhaseCharles Schwab (SCHW) Entering Mark Down Phase Distribution Phase Observations: -Upthrust (Failure to mark Up) - Uptrend Line Broken - Sign of Weakness (Fall Thru Ice) - RS Negative - FFI Negative 1st Target: US$42.96 Comments: Trading risk will be reduced, if entry when price makes an LPSY to retest previous Ice (support-turn-resistance zone) Risk: A break about US$53, will falsify the Distribution Set-up. Shortby Brandon_LeuUpdated 115
SCHW LongCharles Schwab is Long. P/E is at 25.21. Currently at major support and turning up. ADX is low and turning up. DI Plus indicators (Plus and Minus) are crossing. DIMinus is going down and and DIPlus is headed up. Good buy. Longby littlejohntradesUpdated 111
$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. Longby DerekD_Updated 1
US discount brokers analysis ... TD AMERITRADE vs INTERACTIVE BROKERS vs E*TRADE FINANCIAL vs CHARLES SCHWAB CORPby JoaoPauloPires0
How to Turn a Winning Trade into a Losing Trade - Trade Review -Always listen to your sell signals. Always manage your trades actively. I was up $100 on this one at one point. Now down $100. by gumbtgUpdated 2
$SCHW needs to Catch support on the RSI trendlineWatch closely with more big banks reporting this week. Longby gumbtg999
US STOCK SCHWAB D1Potential short from Daily Supply zone (nested Weekly SZ) with two take profit levels.Shortby Deszcz7
SCHWAB Charles Corp buy order at weekly demand level around 32.5Clear big picture uptrend with new demand imbalances being createdby AlfonsoMoreno5
Cup SetupLong Stop-Limit 42.69, Stop 39.73, Target 48.37, R/R = 1.92, Move to B/E at 44.80Longby mtsportUpdated 2
SCHW: H&S Reversal to break support level?If so, look for it to bounce off of 100MAShortby matt.sulli422
SCHWPrice has broken above its short term trend line, looking for a move unto the longer term descending trend line. Target 32 Longby Allott_o_Options0
is now a good time to long Schwabb (schw)Trends seem to all lead to going long schwabb until at least 30. let me know your thoughts!Longby matt.sulli421