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 an overall bullish bias.
The Momentum indicator shows a current squeeze with the Bollinger Bands constricting around
the price action. I am looking to trade this as a call option with a one-month expiration.
Fundamentally, SCWB will be busy this December as the number of tax loss sales to
book capital losses will likely be astronomical.
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 an overall bullish bias.
The Momentum indicator shows a current squeeze with the Bollinger Bands constricting around
the price action. I am looking to trade this as a call option with a one-month expiration.
Fundamentally, SCWB will be busy this December as the number of tax loss sales to
book capital losses will likely be astronomical.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.