TradeTraction

Corning Earnings

NYSE:GLW   CORNING INC
4 1 0
GLW             has been in correction mode since its January highs and seems to be finding support here at ~ $22. Unless earnings are very disappointing, the uptrend is likely to reassert itself. There's support from the 21.50 level which is previous resistance, the 50-week MA, as well as the midpoint of the rising channel. The green harmonic pattern is a bat, and the two purple ones are sharks.
TradeTraction
2 years ago
I meant to draw the second shark with a variant d-point as below.
snapshot
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