sachu_blessyou

S/R Flip on Kodak (KODK / NYSE:KODK)

Short
NYSE:KODK   Eastman Kodak Company
Although long term I see potential for this stock the current chart is still bearish. The region that previously provided support has now turned into strong resistance, indicated by the strong rejection. Price previously consolidated in this region, but is now instantly rejected showing bears are now in control. I'd like to see price break this region and hold it as support before I have bullish sentiment.
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