Eastman Kodak, was granted a $750 million dollar loan today from the Federal Government, to manufacture ingredients for "generic" drugs here from here in the United States. The agreement was hailed tonight by the President, as a giant step towards bringing manufacturing in prescription drugs back to the US. Listen to these stats for Kodak, for decades a blue...
Sellers are ligned up between $17-18. What you do from here is up to you. KODK could possibly be short squeezed past $18 hard resistance.
In the beginning KODK did film, then crypto, now drugs. Whats next? Electric cars? C'mon robinhooders are all that stupid? And what insider was buying yesterday before this news? This has pump and dump scam written all over it. . .
Ecclesiastes 1:9 What has been will be again, what has been done will be done again; there is nothing new under the sun. NYSE:KODK
Lots of breaking news today and will be interesting to see how the price plays out.
More good news about KODK and the bearish triangle pattern if confirming the breack out above will also bring you good profit. KODK buy : $2.77 KODK target : $3.66 Stop loss : 10% Wish you good deals!
Eastman Kodak Co. shares more than tripled Tuesday on plans to secure a $765 million government loan to help produce ingredients used in key generic medicines to fight the coronavirus. The development bank loan is the first of its kind under the Defense Production Act in collaboration with the U.S. Department of Defense. It’s intended to speed production of drugs...
The price skyrocketed after the news, Its a clear pump and dump... Kodak is desperate,They did the same thing in 2018 and tried the whole 'BLOCKCHAIN' .com Be Careful.
Doubtful, but the chart pattern resembles some good set-up. Educate me to otherwise as I know it's not a popular name nowadays.
kodak for a make over with 150% recent rallys has the dna of BTC towards 16k anytime sooner +- the May Halving - talks about creatures of habits
Although long term I see potential for this stock the current chart is still bearish. The region that previously provided support has now turned into strong resistance, indicated by the strong rejection. Price previously consolidated in this region, but is now instantly rejected showing bears are now in control. I'd like to see price break this region and hold it...
I'm looking for a break of above resistance and consolidation. So a very strict SL and TP.
With executive chairman CONTINENZA JAMES V buying $1mil worth of KODK at $2.50, makes you consider what's coming up ahead, if anything Stopped out at Fib 0.786, may work as resistance for now
Pretty sold off stock for years, let it test one more time then go long. Possible buyout target and big insider buying lately.
Bullish divergence . Just a curiosity that I've seen, it's not my market and i didn't open any positions but maybe someone may be interested .