It might just be me but it looks as though Corning will drop down to about the 13.20 range in the coming trading days to reach the bottom of a wedge pattern that started back in Sept/Oct of last year. The price action is definitely compressing. The lows of the upward trending channel are still intact. All bets are off if we enter a new war with IRAN. Also check out the correlation of prices between GLW and the S&P over a five year time period. The divergence in prices is overdue to correct. Either the S&P is coming down or the GLW is going up over the coming months...or both. Just my noob opinion.
Full Disclosure, I recently entered a deep in the money Jan 13 call position.