Corning (GLW) Technical Analysis: Potential Buy Opportunity

30 Oca

Corning (GLW) just crushed earnings expectations (pre-market yesterday, Jan 29th!), and the charts are looking interesting. The stock's respecting a solid uptrend line, and the RSI's confirming the positive momentum. We might see a little dip to fill that recent gap and retest the trendline (perfect for a second buying opportunity!), but the overall picture looks bullish. I'm eyeing entry points at the price 50.3 and 47.5 if it pulls back. Stop-loss below 45.5 (a closing basis, of course) is a must – it's sitting nicely below the previous swing low and weekly support. First target's 54.5, but I'm letting the rest ride for potentially bigger gains. Think GLW's got more room to run? Let's see! Happy trading!

30 Oca

İşlem aktif

Price opened below Buy 1. But entering trade at CMP(49.34) ! Plan still active.