EASTMAN KODAK CO
(EK-NYSE):
Technical Viewpoint: From a low
of $25.74 on Oct 10, 2002 prices
rallied, reaching a
high of $35.17
on Oct 28, 2002. A
decline saw prices pull back, reaching a
low of
$32.63 on Oct 31, 2002.
Another rally saw prices penetrate
resistance, closing 11/21/02
at $36.32. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Oct 16, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $35.00. Resistance: Is at $40.92.
Point & Figure: Reversed to the upside on Nov 18, 2002. A P&F upside
reversal takes place at $34.50. Summary: Technical indicators have turned bullish. BUY! EASTMAN KODAK CO
(EK-NYSE) @ $36.50 Stop: Use a protective stop of $34.50.
EASTMAN KODAK CO is currently trading @ $36.32 plus $1.69 on Nov 21, 2002. Price Objective:
$45.00. Risk/Reward: $2.00 VS. $8.50. Today's Risk Reward Ratio: 4:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$45.00
Risk/Reward:
$2.00 VS. $8.50
Risk/Reward Ratio:
4:1
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