Kodak's share price recorded a very sharp bearish breakout after the earnings announcement, breaking bellow the short- and long-term moving averages at the same time in a very negative sign. This follows a series of gains for KODK share since mid-October. On the other hand, the KODK share price is receiving support from the levels of $4.29-4.41 (the shaded area in yellow).
Now, on the daily chart, if the KODK share price fails to stabilize above the previous price range 4.29-4.41, we may witness further deterioration towards the support level 4.07 or below.
On the other hand, restoring the KODK share price to the level of 4.74 and stabilizing above it, may allow a return towards the level of 5.13 or even the level of $5.79 in the coming weeks.
Now, on the daily chart, if the KODK share price fails to stabilize above the previous price range 4.29-4.41, we may witness further deterioration towards the support level 4.07 or below.
On the other hand, restoring the KODK share price to the level of 4.74 and stabilizing above it, may allow a return towards the level of 5.13 or even the level of $5.79 in the coming weeks.
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.