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Corning Near Key Support Area

Post Time:Sep 07,2011Classify:Company NewsView:277

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Corning, Inc. (

 

Corning's current stock range is defined by current calculated support defined at $13.62 and by the resistance level at $15.28, which should be used by traders planning their trades.

 

Traders wanting to establish a position should place close attention to Corning's price action, and establish a position as close to support as possible, but only after buying materializes. Traders should understand that the resistance point at $15.28 might limit their upside, however if the stock breaks resistance, it could be a good point to add to the position.

 

Source: http://www.tradershuddle.comAuthor: shangyi

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