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Corning Inc. Message Board

  • peter_norths_proctologist peter_norths_proctologist Apr 13, 2004 8:23 PM Flag

    keeping an eye on the H&S pattern

    Is anyone else out there keeping an eye on the current head & shoulders pattern we have formed on the charts? We better start going up soon, or this reversal pattern will attract a lot of swing traders who will pile on with shorts if it breaks down below $10.00. Somewhat disturbing. I hope we hold $11.00. I liked the fact that we had 150,000+ shares just sitting on the BID at $11.00 for most of the day today. Quite unusual to see GLW so strong on the bid. Usually it's the other way around. Hope the buyer sticks around for a while.

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