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
125 ARS
463.33 B ARS
12.03 T ARS
About Corning Incorporated
Sector
Industry
CEO
Wendell P. Weeks
Website
Headquarters
Corning
Founded
1851
ISIN
ARDEUT111002
FIGI
BBG000HFJSQ7
Corning, Inc. engages in the provision of glass for notebook computers, flat panel desktop monitors, display televisions, and other information display applications, carrier network and enterprise network products for the telecommunications industry, ceramic substrates for gasoline and diesel engines in automotive and heavy-duty vehicle markets, laboratory products for the scientific community and polymer products for biotechnology applications, optical materials for the semiconductor industry and the scientific community, and polycrystalline silicon products and other technologies. It operates through the following segments: Optical Communications, Display Technologies, Specialty Materials, Environmental Technologies, and Life Sciences. The Optical Communications segment is classified into two main product groupings: carrier and enterprise network. The carrier network group consists of products and solutions for optical-based communications infrastructure for services such as video, data, and voice communications. The enterprise network group consists primarily of optical-based communication networks sold to businesses, governments, and individuals for their own use. The Display Technologies segment manufactures glass substrates for flat panel displays, including organic light-emitting diodes and liquid crystal displays that are used primarily in televisions, notebook computer, desktop monitors, tablets, and handheld devices. The Specialty Materials segment is involved in the manufacture of products that provide material formulations for glass, glass ceramics and crystals, and precision metrology instruments and software. The Environmental Technologies segment focuses on manufacturing ceramic substrates and filter products for emissions control in mobile applications. The Life Sciences segment develops, manufactures, and supplies laboratory products. The company was founded by Amory Houghton Sr. in 1851 and is headquartered in Corning, NY.
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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Summarizing what the indicators are suggesting.
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Displays a symbol's price movements over previous years to identify recurring trends.
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Maturity date
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Maturity date
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Maturity date
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