GLW Chart Followup

Posted by Blain Reinkensmeyer on Monday February 5, 2007

GLW1.png

This is the original chart posted on Corning Inc (GLW), citing a buying opportunity around $20. Post was on January 30th.
GLW2.png

And this is GLW after today’s close. Take note of the intraday move towards $20 on 1/31 where the stock received support from its 10 DMA (not shown on 2nd chart). From there it has been a nice move back up for GLW, and is looking to test $21.73 highs from 1/25 any day now.

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