Charles Schwab Corporation (The)

Short

$SCHW: Short setup

Updated

Trend 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.

Note

snapshot

Move stop to 77.90, signal time got extended with a new signal and target.

Trade closed: stop reached

snapshot

Stop hit after trailing.

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