Eastman Kodak Company
Long
Updated

KODK 13.75 target for June 24thish

I like the confluence and there is china print 2021 starting on 6/23 so this should be a nice catalyst I am hoping.

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Inverted chart. Looks like its ready to test the channel trendline in the coming 2 weeks.

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Trying to break down from here. Looks good.
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ABCD idea would bring us back into the resistance zone before continuing down. Price will likely go down through the end of the day before pumping tomorrow
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Inverted H/S should see a reversal soon

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Trade active
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Attempting to break out of resistance/neckline

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First attempt rejected. lets see if there are buyers waiting around this level

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GOt some really nice divergence formed

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Divergence didnt play out, but all entries are filled. Now ready for the incoming pump

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Stopped out, but might see consolidation around here. Need to break and hold above 8.87 before it will look bullish

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