See how the Broadening Formation is playing out for GLW. View live chart.
Expanding volatility. Sign of instability.
Traders are watching Corning Inc. (GLW) as price action tightens. The stock is trading at $172.82, down 1.34% on the day. Price action has carved out a classic Broadening Formation. Volume is average (0.75x avg) with moderate trend strength (40.0). A potential breakout level is identified at $176.75, targeting $233.49 with support near $148.38 (R:R 2.0).
What is your outlook on GLW?