Bearish Head and Shoulders Breakdown on Corning (GLW)Corning (GLW) has formed a classic Head and Shoulders pattern on the daily chart, signaling a potential trend reversal. The neckline has been broken, confirming the bearish setup.
🔻 Entry: Breakdown below the neckline
🔴 Stop Loss: 53.53 (above the right shoulder)
✅ Target: 44.87 (measured move proj
Corning (GLW) Technical Analysis: Potential Buy OpportunityCorning (GLW) just crushed earnings expectations (pre-market yesterday, Jan 29th!), and the charts are looking interesting. The stock's respecting a solid uptrend line, and the RSI's confirming the positive momentum. We might see a little dip to fill that recent gap and retest the trendline (perfect
Can Anything Stop Corning?Fiber-optic stock Corning has accelerated since the spring thanks to AI demand. Some trend followers may see an opportunity in its latest pullback.
The first pattern on today’s chart is the series of higher lows since August. The 8-day exponential moving average (EMA) has remained above the 21-day
Corning Incorporated (GLW) Weekly Breakout Alert!GLW has been building a strong base, showing consistent gains recently and breaking out above significant resistance on the weekly chart. 20-Day, 9-day and 50-day EMA's are aligned in the bullish formation.
Prediction: If GLW sustains above this new support, we could see a move towards the next r
Trade Idea -- Corning Incorporated (GLW)Corning Incorporated (GLW) is approaching a key resistance level, as shown in the chart with a narrowing descending triangle pattern. A breakout above the current consolidation range could signal a continuation of the upward trend, particularly if supported by increasing volume. Monitoring momentum
Corning (GLW) Short-Term Projection - Technical AnalysisCorning has been building momentum since ~ Oct 2023, and finally had a bullish change of Character the week of June 10. We've retested the support area ~ $38 the week of July 4th, and confirmed the bullish support. Fib extensions from the last H4 move target price moving to $43.65, and then to $47
Corning IncFounded in 1851, Corning is a 172-year-old American multinational technology company that specializes in specialty glass, ceramics, and related materials and technologies including advanced optics.
Since its inception, Corning has been a pioneer in glass science and technology. They developed some o
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