In November, Charles Schwab announced plans to buy $TDA for a little over $26 billion in current market value. Not really talked about? The terms of the deal.
The acquisition, which plans to go through by Q4 of 2020, was basically a "stock swap". From Reuters:
"As part of the deal, expected to close in the second half of 2020, Ameritrade stockholders will get...
E-Trade Financial is looking like it is in position to confirm an inverse h&s after leaving a coiling down and touching the long term trend line.
Entry would be after closing above 47.40$. PT 59$ and Stop 41$.
Close watch, cause a lot trading in at 47$
No trading advice just my own research so analyze by your self
May the markets be with you
Weekly view shows a downtrend until the end of 2018, then the stock moved sideways in a trend that is not a bottom. Supported by a weak intermediate support level. Could break to the downside with High Frequency Trader action.
