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wait for confirmation... hoping for engulfing green candle stick. it seems still has not reached the bottom... but fib says otherwise. already in the golden ratio. it could also just flop down below 20s....
Not your financial advisor... blah blah.
Not your financial advisor... blah blah.
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KODK such a tease.
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remember.. alot of long holders/buyers stuck at 40s-50s.. strong resistance there.
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not liking it alot... feels like more consolidation is coming and that will break the trend.
not liking it alot... feels like more consolidation is coming and that will break the trend.
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im just hoping the shorts got all their shorts out the way. Hoping for a comeback here
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@SarpCon, yes very true. so I can short it :D jk. we will see how it goess... my brother got into this at 16 and sold at 44.
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@Chillin_Like_A_Villain, im bleeding. should've gotten out when i had the chance. Need a platform for shorting. Robinhood sucks... sometimes. You need a green on the daily or the minute?
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@SarpCon, 4hr and daily. I would perosnally wait for a engulfing candle on 4hr 1-3 bars and a green candle stick on daily to confirm with RSI over crossing to 50. I hate catching bottom. Market has just been so low volume ths past few days..... it sucks...
I use (I'm trading my IRA - no capital gain tax! woohoo).. Fidelity... also sucks. try TD?
I use (I'm trading my IRA - no capital gain tax! woohoo).. Fidelity... also sucks. try TD?
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@SarpCon, nvm. i guess for KODK i would use 1hr 1-3 bar candle and 4hr green candle confirmation. I use Heikin-ashi candles tho with RSI.
not your financial advisor :)
not your financial advisor :)
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@Chillin_Like_A_Villain, i've actually sold out... but as soon as I did that it turned. Just taking an L today. not my day
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@SarpCon, hey. all about keeping that capital at bay and have balls of steel to HODL or sell at loss. Risk management
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@Chillin_Like_A_Villain, did you ever end up keeping the kodak shares?
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@SarpCon, nope. I never had em. My brother sold at 40s. I made this chart for him. But we never had a reversal for this plus all the negative news i strayed away.
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