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GLW forms Slingshot Bullish on June 26
On Friday, June 26th, GLW moved down 2.2% while volume was to 3.4× the usual levels. The unusually high volume suggests institutional participation in today's move. Multiple bullish signals emerged — Stochastic Reached Overbought, Upper Bollinger Band Walk & Slingshot Bullish — suggesting potential strength ahead. Key support levels exist at 211.82, 200.64 & 193.55, with resistance at 230.09, 237.18 & 248.36. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of GLW: A
This might just be the start. See what else showed up for GLW today.
Read full article here »