Charles Schwab: 19 weeks into decline, but technical momentum fades

At week 19 of the sell signal on Charles Schwab, the decline holds its direction but short-term technical signals show increasing friction: MACD is converging toward its signal line, CMF has climbed back toward neutral, and a double bottom has formed in the 85 area on the daily chart. The trade is up 3.25% from entry, but the technical structure calls for close monitoring.