Tuesday, April 23, 2013

GLW April 23 2013

GLW theslayersmarketthoughts.blogspot.com
GLW April 23 2013

GLW is a stock we were following last year around this time. While it has had its ups and downs, it still basically is in the same place. It is a quality company, stable, and tradeable. It is in one of its periodic downtrends., this one is worth watching for a break out of its usual channel. The company has a lot going for it fundamentally, why it is stuck in the low teens is a bit of a mystery. It happens to report earnings tomorrow morning, which may kickstart it.

For comparison, below is one of our charts (there were several) of GLW from April 2012.

GLW April 2012

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