Corning Waves
Image Source: Pixabay
Corning Glass (GLW) was really hot stuff during the Internet bubble, a quarter century ago. In recent years, it has been a calmer and more predictable creature. Note how, for years and years, the stock has been following a steady path higher in this channel.
This is an instance in which the moving averages offer insight. I can hide everything except these in SlopeCharts, which provides what I think is a fresh perspective in what GLW is doing and, more important, what is likely forthcoming.
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