Stock Of The Day: Charles Schwab About To Rally? When The Stock Falls To This Price, A Move Higher Follows
Stock Of The Day: Charles Schwab About To Rally? When The Stock Falls To This Price, A Move Higher Follows
If a stock is trending lower, it is out of equilibrium. There isn't enough demand to absorb all of the supply. There are more shares for sale than there are to buy.Shares of The Charles Schwab Corporation (NYSE:SCHW) are getting close to a support level. And stocks that drop to support levels tend to rally.
嘉信理財股票（紐交所：SCHW）已接近支撐位。而股票達到支撐位後往往會反彈。
This is why it's our Stock of the Day. As you can see on the chart, there has been well-defined support for Charles Schwab since January. Each time the price fell to $62, a move higher followed.
這就是爲什麼它是我們的今日股票。如圖所示，自一月以來，嘉信理財一直有明確的支撐。每次股價下跌到62美元，隨即有上漲。
Some price levels in financial markets are more important than others. They are called support and resistance levels.
金融市場中的某些價格水平比其他更重要。它們被稱爲支撐位和阻力位。
If a stock is trending lower, it is out of equilibrium. There isn't enough demand to absorb all of the supply. There are more shares for sale than there are to buy.
如果股票下跌趨勢，它就不平衡了。沒有足夠的需求來吸收所有的供應。供應超過需求。
As a result, the price trends lower.
因此，價格下降趨勢。
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When the shares reach a support level, the tide turns. There is more than enough demand to absorb all of the supply. The price stops moving lower.
當股票達到支撐位時，情況就會改變。需求超過供應。股價停止下跌。
Investors and traders can sell all that they want to. They don't need to worry about pushing the price down.
投資者和交易者可以賣出他們想要的股票，不需要擔心價格下跌。
Sometimes, stocks rally after they reach support. This is what happened with shares of SCHW each time it reached levels around $62.00 since January.
有時候，股票在達到支撐位後會反彈。這就是嘉信理財股票自1月份以來每次達到62.00美元附近水平時發生的情況。
Support is a large concentration of people who are trying to buy shares at or close to the same price.
支撐位是一個大量試圖以相同或接近相同的價格購買股票的人群。
When some of these traders and investors notice that the shares are not trending lower anymore, they realize there is a large number of others trying to buy. They become concerned that some of these other buyers may outbid them.
當一些交易者和投資者注意到股票不再下跌時，他們意識到有很多其他人試圖購買股票。他們擔心這些其他買家中的一些人可能會出價超過他們。
They know that the sellers will go to whoever is willing to pay the highest price.
他們知道賣方會選擇願意出最高價格的買家。
As a result of this, they increase the prices they are willing to pay. Other concerned buyers see this and do the same.
因此，他們會提高他們願意支付的價格。其他擔心的買家看到這一點後也會採取相同的做法。
This action could end up causing a bidding war between these buyers. This can push the price higher and force the stock into a new uptrend.
這種做法可能會導致這些買家之間的競價戰。這可能會推高價格，迫使股票進入新的上漲趨勢。
If shares of SCHW reach the $62.00 level, there is a good chance that they reverse and rally.
如果嘉信理財股票達到62.00美元的水平，很有可能會發生逆轉並出現反彈。
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Image: Shutterstock
圖片：shutterstock