SWG0 trade ideas
$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.
US discount brokers analysis ... TD AMERITRADE vs INTERACTIVE BROKERS vs E*TRADE FINANCIAL vs CHARLES SCHWAB CORP
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.
$SCHW needs to Catch support on the RSI trendlineWatch closely with more big banks reporting this week.
US STOCK SCHWAB D1Potential short from Daily Supply zone (nested Weekly SZ) with two take profit levels.
SCHWAB Charles Corp buy order at weekly demand level around 32.5Clear big picture uptrend with new demand imbalances being created
SCHWPrice has broken above its short term trend line, looking for a move unto the longer term descending trend line.
Target 32
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!
Charles Schwab beats estimates, stock prints new 10-year highgoo.gl SCHW stock price opened with a gap up after earnings in the morning, almost filled the gap and is probably going to retest resistance.
Hammer candlestick is shown right on the support level followed by a strong green candlestick, completing the bullish pattern in the 5min chart. I can't think of a better long entry myself.
I went long SCHW half an hour ago.
