$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.
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.