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Eastman Kodak (KODK): Technical Strength Suggests Upside

Eastman Kodak Company (KODK) is a well-known name in imaging and printing technology, but today it has expanded into commercial printing, advanced materials, and software solutions. While it’s best recognized for its history in photography, Kodak now focuses on digital printing, packaging, and even chemicals used in electronics and pharmaceuticals. The company’s growth is driven by innovation in these new markets and strategic partnerships that keep it competitive.

KODK’s chart recently showed a confirmation bar with higher volume, pushing the stock into the momentum zone. This points to increased investor interest and the possibility of continued upside. To manage risk effectively, traders can set a trailing stop at the Fibonacci 0.236 level using the Fibonacci snap tool, ensuring they stay in the trend while securing profits.

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