Corning, Inc. (GLW): Corning Inc (GLW) Drops After Earnings,...

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Corning, Inc. (GLW)

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Thursday, 02/01/2018 11:42:03 AM

Thursday, February 01, 2018 11:42:03 AM

Corning Inc (GLW) Drops After Earnings, Know This Trade Level

Corning Incorporated (NYSE:GLW) manufactures and sells specialty glasses, ceramics, and related materials throughout the world. The company is best known as the maker of gorilla glass that is used in many mobile devices. Yesterday, the stock plunged lower by 7.5 percent after reporting earnings. Today, the stock is trying to bounce back a bit, but this is common after a sharp flush. Traders and investors should note that the stock is now trading below its important 50-day moving average. This puts the equity in a weak technical position. The stock should have major chart support around the $29.00 level. This is where the equity broke out in September 2017. Often, prior breakout levels will serve as major chart support when retested.

Gareth Soloway
InTheMoneyStocks

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Recent GLW News

Form 8-K - Current report • Edgar (US Regulatory) • 09/19/2024 12:16:56 PM
Corning Provides Update on Key Milestones in ‘Springboard’ Plan to Add More Than $3 Billion in Annualized Sales, and Shares Operating-Margin Target of 20% by End of 2026 • Business Wire • 09/19/2024 12:00:00 PM
Form 8-K - Current report • Edgar (US Regulatory) • 09/16/2024 08:59:32 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/16/2024 08:00:53 PM
Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/06/2024 09:15:04 PM
Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 09/06/2024 08:01:16 PM
Form 8-K - Current report • Edgar (US Regulatory) • 09/03/2024 02:53:09 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/29/2024 08:05:20 PM
Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/27/2024 03:52:26 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/21/2024 08:04:56 PM
Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/20/2024 05:37:59 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/15/2024 08:09:11 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/15/2024 08:08:10 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/15/2024 08:07:26 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/15/2024 08:06:27 PM
Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/14/2024 08:01:58 PM
Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/14/2024 07:30:13 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/13/2024 08:06:18 PM
Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/13/2024 07:37:57 PM
Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/13/2024 07:15:49 PM
Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/13/2024 03:47:19 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/12/2024 08:14:46 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/12/2024 08:13:43 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/12/2024 08:13:02 PM
Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/12/2024 08:12:17 PM

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