see charts at www.tradingview.com
Sell Short Entry $29
1st Target $27.05
2nd Target $26.05
Buy to cover Stoploss $30
Why this play?
Chart Pattern, Looking for a pull back instead. Since market is scary high.
What is Glw?
Corning Incorporated engages in display technologies, optical communications, environmental technologies, specialty...
Double bottom, then gained support. MACD passing 0 and OBV is following the current trend. Looking for about 7-15% return in a shorter perioid. strongest resistance lies on the fib. and may be my exit point. Likely to buy in tomorrow AM.
In April 7 we will know it for sure. However, Corning has big operations in China and there a suspicions that China is misleading the world about coronavirus infected people. Meanwhile, the US is getting worse with its high number of cases. Therefore, Corning has reasonable chances to test the previous minimum at 17.54 zone. But recently, even though the big news...
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...
GLW’s innovation outlook is trending up based on a current score of 83 out of 99, outperforming sector average. Jobs growth over the past year has decreased and insiders sentiment is neutral. GLW is an Average Performer in terms of sustainability. It is most exposed to Duke Energy Corporation as its supplier. Over the past 4 quarters GLW beat earnings estimates 3...
$GLW Corning looking over-extended after earnings beat and subsequent run up today. Looking like resistance around $32.80 is going to hold. Expecting a retrace to at least $31.00 in the very near term, as low as $30.00 possible.
Note: Observation/opinion, not investment advice.
The S&P 500 just broke up consolidation that was theme of year 2014. Yeasterday, sectors that were recent laggards (high-beta, small-cap) showed relative strength.
Overall you have to take stock specifique approach and be willing to buy dips in strong stocks if you want to be successful in this tape.
This solar company attract my attention. It was wedging...