Goldman Sachs is another one of those stocks that's traded like a can of dog food for a very long period of time that the masses are really drawn to, much like Target, Disney, and Paypal, of which you can find calls for that I've made in the linked section below.
GS is relatively significant in that it's one of the 30 components of the Dow, which is one of the...
More money printing. More banks facing liquidity shortage. More bank runs as panic and fear kicks in. As mentioned before, Q2 will be bank run galore.
Entire 2 year's QT effort by Jerome Powell, is now being reversed in less than a month.
Did Credit Suisse got bailout by SNB and UBS recently for almost $105B Swiss Francs? Hmm today $CS is trading at less than...
Looking at the SCHW The Charles Schwab Corporation options chain ahead of earnings , I would buy the $82.5 strike price at the money Puts with
2023-6-16 expiration date for about
$5.40 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
SCHW has done well in a bad year for the market. the earnings release in October looked good.
The stock has gained 25% in the past 4 months very consistentl which shows relative strengh
compared with SPY which has descended badly.
On the daily chart it is sitting above an ascending Ichimoku cloud. This has been trading above
VWAP since Late October showing...
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...
Breaking out from previous resistance today with a full solid candle, though volume is close to average
opportunity to initiate breakout trade, target in the picture
Previously similar breakout signals potential average upside around 15-25%. Stop limit one atm below.
Not investment advice, please seek professionals for investment advice
Have fun!
Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on September 9, 2021 with a closing price of...
If I could short SCHW right now, I would. Short-term trade only, but likely to go lower for the next one to two weeks as TNX fails to return to new highs. Modest profits available. But the bigger move is the bounce upward that follows.
Charles Schwab gapped up back on November 21st, I believe that may have been related to the news that they were looking to buy TD Ameritrade. Since then, the stock has consolidated but managed to hold its gap level. The stock seems ready to exit an oversold condition while the RSI level held its 50 mark. The gap up in November has allowed a Golden Cross to occur...
(RSI, 14) @73, slowly growing for the past week.
Stochastic RSI @.81
Bollinger bands on a Day timeframe in upper level.
Bollinger bands on a 1h- timeframe on a tight squeeze.
On march 28th price crossed the 21-day moving average (short term bullish)
I would watch for a consolidation break.
This is the trade I would make:
Entry: 68.5
Long: 71.4 (+ 4.23%...
