Charles Schwab's most recent trend suggests a bearish bias. One trading opportunity on Charles Schwab is a Bear Call Spread using a strike $26.00 short call and a strike $31.00 long call offers a potential 9.89% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $26.00 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock rose above the $31.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Charles Schwab is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Charles Schwab is bearish.
The RSI indicator is at 30.63 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Charles Schwab
[$$] Charles Schwab Profit Rises 58%
Tue, 15 Apr 2014 13:27:27 GMT
Charles Schwab's profit beats estimates as commissions rise
Tue, 15 Apr 2014 13:26:23 GMT
Schwab 1Q Profits Soar 58% as Trading Activity, Client Assets Rise
Tue, 15 Apr 2014 13:15:56 GMT
Charles Schwab shares up 4% after earnings beat
Tue, 15 Apr 2014 13:08:29 GMT
Discount broker Charles Schwab profit rises 61 pct
Tue, 15 Apr 2014 13:00:35 GMT
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