The Patient Trader: Shorting $GLW At The Perfect Spot

Slow and steady wins the race. The best traders in the world will tell you this is their policy. I consider myself to be one of these traders. While not always right, I am right more often than I am wrong...by quite a bit. That allows me to make a lot of money year over year. Patience is the key. Wait for the trade setups that of obvious. Never force it. A high reward, low risk trade setup is at hand in shares of Corning Incorporated (NYSE:GLW). While it has taken a long time, Corning is nearing a resistance trend line around $26.00. This should be a multi-month high and be the starting point for a sharp pull back to $18.85. Check out the stock chart below for a visual representation.

I was trained as a psychologist, then I applied what I knew to stock trading. Stocks are representing emotion of those who buy/sell them. I post all of my trades on Insert-tag-hereVerifiedInvesting.com where they are confirmed for legitamacy by their independent verification system. I've been trading since the 90s.