Charles Schwab near highs, earnings this week
Charles Schwab slips 1.5% near record highs as earnings arrive this week
Charles Schwab near highs, earnings this week
Our view last week
Charles Schwab stock jumps 6.3% this week and closes in on its all-time high, squeezed into a tight range between two nearby technical levels. The confirmation week for the fresh buy signal closes bullish, with signal strength firming up and buyers controlling nearly three-quarters of daily volume. Still to watch: contracting weekly volume and mixed rejection candles.
This week's summary
Charles Schwab stock stalls a hair from its all-time high: after last week's 6.3% rally, this week closes with a 1.5% pullback, as volume contracts and buyer dominance fades. Charles Schwab technical analysis: earnings land this week, an event worth watching on a still-young buy signal.
IQS Phase
65
in tension
Signal Strength
59
medium
Sizing
STANDARD
Ranking
#40 / 112
US stocks in progress
Trade P&L %
+4.70%
from signal to today
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