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Strategies & Market Trends : Trend Setters and Range Riders

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To: Susan G who wrote (1518)1/13/2001 10:20:31 PM
From: Ally  Read Replies (1) of 5732
 
GLW..

Looking at chart, current price is at the triple bottom in November and close to the downtrend line. If it can break out above $61 next week, would be some confirmation of reversal with next target at the 50 ma line. Would be a bit cautious since company is reporting on 1/22/00. Recently stocks have been hammered down even though the quarterly report met expectations due to analysts downgrades on "things they see and don't like looking forward."
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