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GLW forms Shooting Star Candlestick on June 30
On Tuesday, June 30th, GLW moved down 0.1% while volume increased to 1.4× the usual levels. Multiple bearish signals emerged — Shooting Star, New 52 Week High, Shooting Star Candlestick, Lizard Bearish, Stochastic Sell Signal & Upper Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 246.69, 237.96 & 225.41, with resistance at 267.97, 280.52 & 289.25. 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 »