Schwab Strengthens

Charles Schwab (SCHW) has been performing quite well of late. The discount broker is higher today, extending its recent bullish run that has lifted shares above the October highs.

The stock has closed on the upside in six of the last seven sessions with the help of accelerating trade. Last Wednesday's high-volume move through trend-line resistance, which had previously linked the September/October highs, is beginning to look like an upside breakout. While the gains since then have been well contained, the price action remains very encouraging. Today's 1.5% advance on heavy trade is strengthening the setup....251 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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