#0001: GLW - Flag in an UpTrend
22/07/2014
Corning Inc (GLW)
On the daily graph we can see an ascending triangle in an uptrend. There were breakout @21.74 and we can see there is an flag near upper line of the ascending triange, which is bullish signal.
I'd bought at current market price with stop loss at $21,45.
Measured price target is approx. $22,80.
Extended price target is approx. $23,60.
After flag figure breakout, I'd set my stop-loss at break-even.
edit 23/07/2014
Decided to save current stop-loss at $21,45.
Corning Inc (GLW)
On the daily graph we can see an ascending triangle in an uptrend. There were breakout @21.74 and we can see there is an flag near upper line of the ascending triange, which is bullish signal.
I'd bought at current market price with stop loss at $21,45.
Measured price target is approx. $22,80.
Extended price target is approx. $23,60.
After flag figure breakout, I'd set my stop-loss at break-even.
edit 23/07/2014
Decided to save current stop-loss at $21,45.
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