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Trading idea for The Charles Schwab Corporation (NYSE)


#SCHW

The general trend is upward. Downward wave structures are truncated. The Awesome Oscillator indicator has bullish divergence. The downward sloping channel of the truncated structure has been broken.
 
Trading idea:

Buy on a breakout of 63.93.

Stop-loss: 59.53.

Target levels: 71.32; 83.78.

Author: GC

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