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Is SCHW consolidating before a move? NR7 shows up after gaining 1.27%
SCHW closed up 1.27% on Thursday, July 2nd, with volume running 0.9× below average. consolidation patterns formed: NR7, suggesting a potential continuation after price stabilization. Key support levels exist at 96.32, 95.64 & 95.08, with resistance at 97.57, 98.13 & 98.81. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of SCHW: B
Don’t miss other key signals SCHW triggered—view them now on SwingTradeBot.com.
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