Charles Schwab Corporation (The)
Short
Updated

$SCHW: Short setup

208
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.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.