Charles Schwab (SCHW) – Massive Sell-Off & What Traders Should Do Now SCHW dropped roughly 15% in a sharp move lower that caught many traders off guard. Large sell-offs like this tend to raise the same question: is this a buyable dip or a sign of real technical weakness? In today's video, I break down:
Best to wait for the falling knife to stop falling on Charles Schwab (SCHW), before attempting to play a bounce.
Sideways channel intact, but Charles Schwab (SCHW) currently testing the upper band, and nearing a breakout. Overall a pretty good chart. Stop-loss placement is a bit difficult but below the 12/8 lows is probably the best location that I can find.
Episode Overview In today's episode, I start a two-part series on the rise of the retail trader and the growing impact they have in today's stock market. I also talk about how this impacts your trading and the stock market going forward. 🎧 Listen Now: Available on: Apple Podcasts | Spotify | Amazon | YouTube Episode Highlights & Timestamps [0:00] Retail Revolution
The stock market has undergone a dramatic transformation in recent years as millions of everyday investors armed with commission-free apps and social media coordination have become a force Wall Street can no longer ignore. From meme stocks to crypto frenzies, the retail trader is now a key player in market dynamics. There was a time
Multiple support levels on Airbnb (ABNB) breaking yesterday and today. Potential for a sub-100 move from here. Alphabet (GOOGL) breakout above resistance was a big one today. Anheuser-Busch (BUD) with bull flag pattern forming, following an impressive rally off the March lows. I'm watching for Charles Schwab (SCHW) to retest the rising trend-line for '12
$SCHW pushing through resistance. Strong move.
Be mindful of Chipotle Mexican Grill (CMG) breaking key support and a subsequent gap-fill. Pullback in the dollar suggests a re-test of the rising trend-line on US Dollar (UUP). Teck Resources (TECK) with a nice break of declining resistance but watch resistance at previous lower-high. Cup and handle pattern forming on Charles Schwab (SCHW).
$SCHW with double top confirmed on the intraday post earnings.
$MO breaking out of a multi-year inverse head and shoulders pattern with a 7.15% divi. One of the few long-term plays out there.