astoinis

$KODK ascending triangle bull?

astoinis Updated   
NYSE:KODK   Eastman Kodak Company
Notes on chart

interested to see how this plays out.

key points:
-RSI overbought on the weekly, expecting further consolidation for now
-potential entry at ~$9.50, potential growth to ~$20.00
-breakout could occur with more volume and sustained high RSI for short period of time
-MACD on weekly turned bullish, should continue for several weeks

this chart is just a tool to track this movement
Order cancelled:
pattern break down. will re-evaluate.

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