Shares of brokerage firm and money manager Charles Schwab ( SCHW) were punished severely in January, February and March, but the picture has improved and the bad news has been quickly discounted.
Let's review the charts to see if the worst is behind us.
In this daily bar chart of SCHW, below, I can see a rapid decline from around $85 in January to below $50 in March and April. Prices have been finding some buying interest (support) around $50 this month. The moving averages are lagging indicators so they are no help at this point in time.
The daily On-Balance-Volume (OBV) line shows some stability in April. The 12-day price momentum study in the lower panel shows higher lows from March to April. This is a small bullish divergence when compared to the price action. 
In this weekly Japanese candlestick chart of SCHW, below, I can see a bottom reversal pattern in April. Bottom reversals can be turns from down to up or they can be turns from down to sideways. The slope of the 40-week moving average line is negative.
The weekly OBV line now shows a short-term upturn after a steep decline - it's a start. The two week price momentum study shows a weakening in the downside momentum.
In this daily Point and Figure chart of SCHW, below, I can see an upside price target in the $61 area.
In this weekly Point and Figure chart of SCHW, below, I used a five box reversal filter. Here the software shows that prices have reached a downside price target in the $46 area.
Bottom line strategy: Traders could probe the long side of SCHW on available price weakness towards $51. Risk below $46 for now.
