SCHW Double Bottom

Picked up some SCHW at $33.14. Frankly, I do not have full conviction in this trade. The SMA are screaming a sell. But it seems like the stock hit double bottom and is trading near the lower price range on the Bollinger Bands.
On the fundamental side, there's a lot of competition in the brokerage industry but with $4 Trillion in assets SCHW may be a survivor.