$GLW Recently there has been quite a lot of fluctuation, but the settlement data indicates that the floating orders have already been cleared, and the market structure is healthier now. What we have here is a typical support-level tug-of-war. As long as the longs don’t break the stop-loss point, they can hold on a bit.
Honestly, at this kind of position, going long offers decent value for money: the stop-loss is clear, and you can also see upside potential above. But don’t get greedy. When the first target is reached, reduce some position first, then let the remaining profits run.
Strategy:
Entry price: 222-224
Stop-loss: 218
Take-profit:
TP1: 228,
TP2: 234,
TP3: 241,
#GLW
Honestly, at this kind of position, going long offers decent value for money: the stop-loss is clear, and you can also see upside potential above. But don’t get greedy. When the first target is reached, reduce some position first, then let the remaining profits run.
Strategy:
Entry price: 222-224
Stop-loss: 218
Take-profit:
TP1: 228,
TP2: 234,
TP3: 241,
#GLW