Chart for a good ol' doctor I know out of NYC.
Charted against KODK and DJIA.
1. We can see a failed attempt to break Fib resistance. From there we have a solid trend of consolidation followed by a nice shift up in moving average.
2. Looks to be a second attempt at bulls taking control. Moving average shows a gradual uptrend, while making a second attempt at Fib resistance.
The company recently advised they are looking to release Kodak coin, however, due to due-diligence they had to postpone their launch to validate investors and source of capital. Furthermore, Kodak looks to tap into block-chain infrastructure by offering Kodak Miners.
Successful deployment and updates into second quarter could bring massive earnings. Furthermore, if they continue to do well in these sectors and post profits with great margins come end of Q4, this thing could explode.
Kodak still has a change to redeem itself in the mining space, they bit off more than they could chew, but with the right guidance they could turn that train-wreck around.
Just a thought.
www.kodak.com/kodakone/default.htm
This is not investment advice, invest at your own risk.
Charted against KODK and DJIA.
1. We can see a failed attempt to break Fib resistance. From there we have a solid trend of consolidation followed by a nice shift up in moving average.
2. Looks to be a second attempt at bulls taking control. Moving average shows a gradual uptrend, while making a second attempt at Fib resistance.
The company recently advised they are looking to release Kodak coin, however, due to due-diligence they had to postpone their launch to validate investors and source of capital. Furthermore, Kodak looks to tap into block-chain infrastructure by offering Kodak Miners.
Successful deployment and updates into second quarter could bring massive earnings. Furthermore, if they continue to do well in these sectors and post profits with great margins come end of Q4, this thing could explode.
Kodak still has a change to redeem itself in the mining space, they bit off more than they could chew, but with the right guidance they could turn that train-wreck around.
Just a thought.
www.kodak.com/kodakone/default.htm
This is not investment advice, invest at your own risk.