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Charles Schwab Corporation (The)
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SCHW heads up into $83: major resistance that could mark a TOP?

113
SCHW has been rising with the financials tide after Trump win.
Now testing a major resistance of Golden Genesis + Covid fib.
Looking for a pullback or Break-and-Retest for the next move.

$ 82.54 - 83.55 is the exact zone of interest.
$ 75.74 - 76.03 below is the first strong support.
$ 95.42 - 95.72 is the next major resistance above.

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Trade active
Return Trip Complete!
snapshot
(yellow shaded part is from posting time)

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Since posting we got numerous PINGs
snapshot
from "give me a ping Vasilly, One Ping Only"
Such Pings add to our confidence in all the fibs.
So we can look to the sister fibs for reactions.

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So what next?
snapshot
Perhaps a Dip to 79.42 then continuation,
or Break-n-Retest of Golden Genesis at $83.55.
Either way, our next target remains $95.31-95.72

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EuroMotif
Mod
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
FibonaccigoldenratioSupport and Resistance

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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.
FibonaccigoldenratioSupport and Resistance
EuroMotif
Mod
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

Related publications

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.