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EASTMAN KODAK CO
(EK-NYSE):
Technical Viewpoint: From a low
of $33.35 on Nov 11, 2002 prices
rallied, reaching a
high of $37.95
on Dec 2, 2002. A
decline saw prices pull back, reaching a
low of
$35.67 on Dec 4, 2002.
Another rally saw prices penetrate
resistance, closing 12/11/02
at $38.22. 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 $37.00. Resistance: Is at $44.37.
Point & Figure: Reversed to the upside on Dec 10, 2002. A P&F upside
reversal takes place at $36.50. Summary: Technical indicators have turned bullish. BUY! EASTMAN KODAK CO
(EK-NYSE) @ $38.50 Stop: Use a protective stop of $36.50.
EASTMAN KODAK CO is currently trading @ $38.22 plus $1.25 on Dec 11, 2002. Price Objective:
$50.00. Risk/Reward: $2.00 VS. $11.50. Today's Risk Reward Ratio: 6:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$50.00
Risk/Reward:
$2.00 VS. $11.50
Risk/Reward Ratio:
6:1
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