$Corning(GLW)$ Looking at the whole week puts the move in perspective. This looks like a retracement of the entire parabolic run, not just a normal pullback. The stock ran from around $200 to $270 in about a week and a half on the AI-fiber hype, and it's now given back almost the entire move in a handful of sessions, landing right back near where the breakout above $220 started. That's the flat consolidation zone around $218-222 from mid-to-late June, before the big move. That old consolidation zone seems like a logical place for buyers to step back in—it's known support, not just a random oversold level.
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