GLW eyes on $79: Key resistance zone may give a Dip to buy

Sep 15

GLW has been grinding higher for some time now.
It is now approaching a key resistance $78.86-79.25
Look for a Dip-to-Fib or Break-n-Retest for long entry.

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Sep 22

Trade active

PERFECT Dip then Break-n-Retest (yellow shaded area is from posting time)

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Closer Look
Perfect Pings on both of the fibs of our zone.
Those pings confirm all of the sister fibs as well.
And enter longs here using the fibs as stop Loss shields.

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What next? Look for first target at next zone, Limit sell at $82.90
If and when we hit that target, re-evaluate fibs then.

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