| This pattern is so profitable, I wanted you to clearly see it. So I took a picture of my TV and drew the "W" for you. Check it out below... As soon as I saw this pattern trigger, I issued a trade. Here's what my members reported making... =================== "Held the SCHW overnight. In at $9.20 Out at $15.10 for a +66% gain. Love those kinds of numbers! Thank you Bryan!!" - RickR "SCHW STC Mar17 50C $10.84, in yesterday $3.30 for +228% [overnight]...thank you two times over BB!" - Steve5 =================== Now, when it comes to SCHW, here's what I found interesting... While I was taking a quick winner, Karim was also tracking the stock - and using his own strategy to get positioned for a winning trade. While I was trading the "W" pattern, he was following insider buying. He posted this in The War Room on Friday: "Schwab President just filed insider buy." And he also gave a more detailed explanation: "Charles Schwab reports $16.5B in core net new assets over past five trading days. SCHW Charles Schwab announced it has seen 'strong' inflows from clients over the last week. 'Over the past five trading days of 3/10/23-3/16/23, clients have continued to bring assets to Schwab, with approximately $16.5 billion in core net new assets for the week, demonstrating the trust clients place in Schwab. Charles Schwab remains a safe port in a storm, driven by its conservative balance sheet, strong liquidity position, and diversified base of over 34 million account holders who invest with Charles Schwab every day. We are confident in our approach and in our ability to help clients through all kinds of economic environments,' the company stated in a press release." YOUR ACTION PLAN As the Fed has been running its hawkish mouth - and people in Silicon Valley have been lining up outside of banks to make sure their money is safe - the markets have been going haywire. But as you've seen, we've been guiding our members through the turmoil to hit winners. When it comes to Charles Schwab (NYSE: SCHW), the play remains very fluid, and the opportunity to get positioned remains very strong. If you want to join our elite group of traders and see opportunities that nobody else sees - even when they're right in front of their eyes in plain sight - then the first step is to join Trade of the Day Plus. Join today, and Karim will give you a full breakdown on SCHW in his newest alert this Wednesday. Is it time to buy? If so, at what price? Join today, and you'll get all the details on Wednesday afternoon. Join Trade of the Day Plus today! |
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