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JimMakos
Jan 16, 2014 5:57 PM

Charles Schwab beats estimates, stock prints new 10-year high Long

Charles Schwab Corporation (The)NYSE

Description

goo.gl/cLWQ16 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.
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