2waytrading

Bearish Triangle

NYSE:GLW   CORNING INC
211 0 0
Price crossed 200 ma plus this bearish triangle that may breakout soon. Good time to accumulate short position now. Price fell below 9-exponential moving average, and is about to violate 18 ema which is a good entry point for short position. If you decide to take short position make your stop loss at recent swing high $13 with target price $10
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