Contrarian Play?Chart wise this looks like it's bottomed - Obv in this market there are much more appealing plays than this but I'm posting to see if my view is correct.Longby Swoop63
$SCHW Long Trigger54.81 Long Trigger for SCHW Consolidation wedge getting tighter and ready for a breakoutLongby StormGlobal110
$SCHW LongTriggering long on the Buy setup at 54.50 with a stop below the previous days low at 53.40. Upside targets could be sizeable if the risk on theme spills over to the smaller banks that sold off on the back of the regional banking crisis.Longby markfair0
Schwab Fallen wedge breakout or double bottom Broke over 50sma today Next target 56.00 (Yellow line). If it breaks over yellow line that would kick off the double bottom Stop loss 51.75 (50 cents below 50sma)Longby ContraryTraderUpdated 7
SCHWSitting right near two support levels $47 and then $45.75. 18% to reach first level of resistance and 26% to reach the second level of resistance. RSI is low 40s at this time. At time of writing it is a day after the ex-dividend date (0.25c/share). Will look to add first at $47, then $45.75 if drop continues. Need to research how involved they truly are in the regional banking dilemma first too. Otherwise seems like a solid longterm investmentLongby ImmaBruin0
SCHW has lots of potentialgoing up, touched last runs top, which now correlates with trend line bottomLongby cam1lo3
$SCHW with a neutral outlook following its earnings #StocksThe PEAD projected a neutral outlook for NYSE:SCHW after a negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 60%.by EPSMomentum1
Schwab is Bullish to the 50DMABullish engulfing daily candle on earnings day with high volume. Next stop is flipping the 20DMA from resistance to support. From there a run to the 50DMA (green line) for an exit would be appropriate.Longby EquityCastUpdated 4
Watchlist 2023-04-19 $SPY $SCHW $UHC $LUV $COEP $TSLA AMEX:SPY - pointing lower this morning as treasury yields rose with fear arising in tech earnings. SPY looking very toppy with volume decreasing as a rising wedge builds and it reaches close to the 418 pivot high. If we stay below 413.5 - 414.5 this morning, and price action is showing signs of sellers in control (strong red bars and sequential green bars with lower vol), next support I am looking at it 410. For further confirmation of a trend day, watch for: USI:ADD pinned near +\-2000 USI:VOLD ratio over +/- 3 USI:TICK cumulating past 0 wicking to +/-900 $UHC - united Insurance Shares Slide After 'Going-Concern' Warning on their ability to continue to operate. Day 2 continuation short play, nice that PM is consolidating near the PD lows. PM RVOL 18. Room to the nest support levels, 134 and then 1.00. Small cap name so it doesn't necessarily need the market but it sure doesn't hurt. If it trades over 1.80 short idea is invalid. NYSE:LUV - day 2 continuation short after delays of thousands of flights yesterday over a technology issue. If it stays below the 31.70 inflection from PD, room to the range low and PD low of 31. Note that PM RVOL is 2.4. NASDAQ:COEP - small cap play that looks to be gaining some vol. Heavily sold or shorted PD PM but couldn’t move much further intraday. If COEP holds over 1.60, could see shorts start to get trapped. Nothing but room to at least .2.17 and this high flying after that. Other watches: NASDAQ:TSLA - short below 175.50 NYSE:SCHW - continuation long over 54.25 by UnclePennybagss1
Lows 30s by October?This could go sideways for 2-3 months. If that happens, then most likely it will hot low 30s by October this year. Shortby babu_trader1
SCHW daily compression building for wave 5 uptrendSCHW daily compression building for wave 5 uptrend if we break above this bullish hammer will probably runLongby MishaSuvorovUpdated 1
SCHW looking good if gives confirmationBetter to buy in blocks and SL limited. If the price take some support, it will be good buy for 20-60 % Longby RektMeHard114
SCHW HOURLY CHART I HAVE GONE LONG CALLS FOR JULY 50 AT 5.00 Booth the wave structure are in the same direction be it a wave C up or a wave 1Longby wavetimer4
SCHW . is Bottoming today for wave B low or wave 5 endingThe chart posted is that of Charles Schwab broker dealer . I see great support at 47.79 .But feel from a risk stand point a trade to the upside is now here . for what should be wave C up {THE BEAR WAVE COUNT} as fib relationship are focused at 39.0 to 41.5 BUT I AM BUYING CALLS as of this post JULY %) at 5.00 best of trades WAVETIMER Longby wavetimer1
CHARLES SCHWAB - Potential Upward MovementCHARLES SCHWAB about to bounce back up for correction. Exit at 1st supply zone.Longby JoeBigBoi226
Charles Schwab to $60 in the coming days Here is a chart which suggests the price of charles schwab is destined to go to $60 in the coming trading days Longby DailyMarketMovements119
$SCHW - #SCHW overdone!SCHW experienced vicious sell off from SIVB fall out and fall 40% in 3 days. Its overdone! Hourly chart to be in descending broadening wedge. If it can break out of that pattern above $55, reversal to $60 - $65 is not a pipe dream. Target 1 - $55 Target 2 - $65 —— Trade is done when it hit one of the target or stop loss is hit. Disclaimer: Trading note. Not an investment advice. Longby PaperBozz5
SCHWAB Long investing ideaFollowing the downfall of the SVB, the banking sector worldwide is on the downturn. With most of the bank trading around 5-10 percent down, we can not miss the hugely oversold SCHWAB company. The has been doing quite well for the last two years. and has received a lot of rewards such as : 2022 Most Admired Companies Recognition Awarded by FORTUNE; 2022 Best Online Brokers Recognition Awarded by Investor's Business Daily. ; 2022 The Best Employers for New Grads Awarded by Forbes magazine.; 2022 America’s Best Large Employers Recognition Awarded by Forbes magazine. and many more. The P/E stands at 16.75 with most of the companies in the sector having P/E around 15. my point of view is that the company is too oversold even though, the sector is amid turbulence. For the long-term investor, this might be an opportunity to acquire shares on a relatively low price, with the price being near a support zone pre-market. Please note that this is my personal idea and it is NOT a FINANCIAL ADVICE. Trade with caution. by Investips1018
SCHW Bullish?I think that above 77.71 we can have a bullish trend Entrance= 77.71 Take profit at= 80.32 Stop Loss at= 75.10Longby RicardoptionsUpdated 1
$SCHW: Short setupTrend is down, support down @ 70, stop @ 79.60, good to have some short positions going just in case. Retracement towards $76.09 would be a good level to add or enter if you rather enter on retrace, cover 50-75% when target is hit and trail stop to entry, then cover the rest at $70 ish. Best of luck! Cheers, Ivan Labrie.Shortby IvanLabrieUpdated 4
My thoughts for Monday AM ...The coming week will be extremely volatile with FOMC and ECB meetings along with a heavy week of earnings releases and economic data so I will be starting the week with just two set ups for Monday after 10:00 AM. Bull Call Spread on BAC 02/24 expiration 36/41 spread and five contracts. Looking for it to rise above 35.75 to enter the trade. Bear Put Spread on SCHW 02/24 expiration 74/69 spread and five contracts. Looking for SCHW to fall below 74.20 to enter. These are my ideas and planned actions you are on your own for your trades. No recommendation or suggestion. by vlenarcic1
SCHW The Charles Schwab Corporation Options Ahead of EarningsLooking 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. Shortby TopgOptionsUpdated 1110
SCHW - value investingHey guys, SCHW seems to have been oversold if and when the RSI comes below 30, it'd be a good time to add. P.S: This is not financial advice. I'm not a registered advisor. Longby arnavshah0040