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MoneyPatterns
Dec 24, 2019 2:27 PM

GLW - Bullish EMA Cross and Upcoming 10WeekMA Cross 

Corning IncorporatedNYSE

Description

THIS IS NOT READY. Ready after confirmation of daily close above $29.34 (or 10WeekMA).

GLW - Corning (maker of Gorilla Glass for phones) has a bullish EMA Cross.
Short term bullish bias after 10WeekMA cross. Holding for day(s) to a week max.

I would wait until after Xmas to enter this trade. I may enter on Friday and hold over weekend.
This will be a Put Credit Spread - bullish bias.
I will update with possible entry prices and expiration once I enter.
GLW has weekly options making entry easy IMO.

Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
I am transitioning to my new website moneypatterns.com and will be updating my username here. Same guy - new name. :)
Website will be ready for launch mid-January 2020. Thank you for your patience while I try to juggle everything and maintain the same standards.
Disclosure - I am long BTCUSD, GBTC. Short-term NFLX

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