KODK
KODK, Cup-and-Handle Inverse (bearish)I found this pattern at tickeron website with the following data:
STATUS = Confirmed
CURRENT CONFIDENCE = 75%
TARGET (EXIT) PRICE = 8.18 USD
BREAKOUT (ENTRY) PRICE = 8.79 USD
DISTANCE TO TARGET PRICE = 6.29%
EMERGED ON = Oct 01, 12:00 PM (EDT)
CONFIRMED ON = Oct 01, 11:59 AM (EDT)
WITH CONFIDENCE LEVEL = 89%
The Inverted Cup-and-Handle (sometimes called Inverted Cup-and-Holder) pattern forms when prices rise then decline to create an upside-down “U”like shape (1, 2, 3, also known as the Cup), followed by a shorter relatively straight price increase that bounces from the right lip (from 3 to 4, creating the Handle).
The rising handle forms as a result of mounting buying pressure created when the security retests a low at the right lip of the cup. Once the buyers give up, sellers take over and the security has the potential to decline rapidly.
Trade idea
If the price breaks out from the top pattern boundary, day traders and swing traders should trade with a DOWN trend. Consider selling the security short or buying a put option at the downward breakout level. To identify an exit, compute the target price by subtracting the pattern’s height (the difference between the highest price and the support levels) from the price at the right cup lip. The confirmation move is the breakout of the price below the right cup lip.
To limit potential loss when price suddenly goes in the wrong direction, consider placing a stop order to buy back a short position or sell a put option at or above the breakout price.
KODK LONG "company finds no laws broken with loan announcement"Kodak's stock rockets on heavy volume after committee hired by company finds no laws broken with loan announcement
Shares of Eastman Kodak Co. KODK, 51.36% rocketed 51.9% on very heavy volume in premarket trading Wednesday, after a special committee hired by the digital imaging and printing systems company to investigate how it disclosed a U.S. government loan found that no laws were broken. Trading volume topped 16.9 million shares, making the stock the most actively traded ahead of the open, and compared with the full-day average of 21.4 million shares. The committee found several governance concerns at Kodak surrounding how the news of the $765 million government loan was announced, but nothing illegal. The Wall Street Journal reported. The stock had soared 1,481% in three days after news broke that it received a $765 million government loan to help make drugs at U.S. factories, but the WSJ reported that the Securities and Exchange Commission launched an investigation as the stock started rallying before Kodak announced the news. Kodak's stock has climbed 34.0% year to date through Tuesday, while the S&P 500 SPX, 0.12% has gained 5.3%.
TITLE/(DATE)- KODK stock
ASSET- STOCK
PLATFORM-Robinhood
ORDER TYPE- BUY
Time Frame-1hr
ENTRY PRICE 1- $9.00 (market)
ENTRY 2- $5.00 (pending)
STOP LOSS- $2.00
TAKE PROFIT 1-$14.00
TAKE PROFIT 2- $18.00
TAKE PROFIT 3- $24.00
TAKE PROFIT 4- $30.00
TAKE PROFIT 5- $34.00
TAKE PROFIT 6- $40.00
STATUS: Active
BRIEF-DFC To Provide $765 Mln Loan To Eastman Kodak Co To Support Launch Of Kodak Pharmaceuticals
July 28 (Reuters) - U.S. International Development Finance Corporation:
* U.S. INTERNATIONAL DEVELOPMENT FINANCE CORPORATION - TO PROVIDE $765 MILLION LOAN TO EASTMAN KODAK CO TO SUPPORT LAUNCH OF KODAK PHARMACEUTICALS
* DFC - KODAK PHARMA TO MAKE CRITICAL PHARMACEUTICAL COMPONENTS IDENTIFIED AS ESSENTIAL BUT HAVE LAPSED INTO CHRONIC NATIONAL SHORTAGE, AS DEFINED BY FDA
* DFC - DFC’S LOAN TO ACCELERATE KODAK’S TIME TO MARKET BY SUPPORTING COSTS NEEDED TO REPURPOSE & EXPAND EXISTING FACILITIES IN NEW YORK & MINNESOTA
Sector: Electronic Technology
Industry: Electronic Equipment/Instruments
Employees: 4922
Eastman Kodak Co . engages in the provision of analog and digital innovations. It operates through the following segments: Print Systems; Enterprise Inkjet Systems; Kodak Software; Brand, Film and Imaging; Advanced Materials and 3D Printing Technology; Eastman Business Park, and All Other. The Print Systems segment comprises of prepress and electrophotographic printing Solutions. The Enterprise Inkjet Systems segment includes prosper and Versamark business. The Brand, Film and Imaging segment involves includes industrial film and chemicals, motion picture, and consumer products. The Advanced Materials and 3D Printing Technology segment offers kodak research laboratories and associated business opportunities and intellectual property licensing. The Eastman Business Park segment includes the operations of the Eastman Business Park, an acre technology center and industrial complex. The All other segment composes RED utilities variable interest entity. The company was founded by George Eastman in 1880 and is headquartered in Rochester, NY.
KODK LONG SET UP (Kodak Co)TITLE/(DATE)- KODK stock
ASSET- STOCK
PLATFORM-Robinhood
ORDER TYPE- BUY
Time Frame-1hr
ENTRY PRICE 1- $9.00 (market)
ENTRY 2- $5.00 (pending)
STOP LOSS- $2.00
TAKE PROFIT 1-$14.00
TAKE PROFIT 2- $18.00
TAKE PROFIT 3- $24.00
TAKE PROFIT 4- $30.00
TAKE PROFIT 5- $34.00
TAKE PROFIT 6- $40.00
STATUS: Active
BRIEF-DFC To Provide $765 Mln Loan To Eastman Kodak Co To Support Launch Of Kodak Pharmaceuticals
July 28 (Reuters) - U.S. International Development Finance Corporation:
* U.S. INTERNATIONAL DEVELOPMENT FINANCE CORPORATION - TO PROVIDE $765 MILLION LOAN TO EASTMAN KODAK CO TO SUPPORT LAUNCH OF KODAK PHARMACEUTICALS
* DFC - KODAK PHARMA TO MAKE CRITICAL PHARMACEUTICAL COMPONENTS IDENTIFIED AS ESSENTIAL BUT HAVE LAPSED INTO CHRONIC NATIONAL SHORTAGE, AS DEFINED BY FDA
* DFC - DFC’S LOAN TO ACCELERATE KODAK’S TIME TO MARKET BY SUPPORTING COSTS NEEDED TO REPURPOSE & EXPAND EXISTING FACILITIES IN NEW YORK & MINNESOTA
Sector: Electronic Technology
Industry: Electronic Equipment/Instruments
Employees: 4922
Eastman Kodak Co . engages in the provision of analog and digital innovations. It operates through the following segments: Print Systems; Enterprise Inkjet Systems; Kodak Software; Brand, Film and Imaging; Advanced Materials and 3D Printing Technology; Eastman Business Park, and All Other. The Print Systems segment comprises of prepress and electrophotographic printing Solutions. The Enterprise Inkjet Systems segment includes prosper and Versamark business. The Brand, Film and Imaging segment involves includes industrial film and chemicals, motion picture, and consumer products. The Advanced Materials and 3D Printing Technology segment offers kodak research laboratories and associated business opportunities and intellectual property licensing. The Eastman Business Park segment includes the operations of the Eastman Business Park, an acre technology center and industrial complex. The All other segment composes RED utilities variable interest entity. The company was founded by George Eastman in 1880 and is headquartered in Rochester, NY.
$KODK Implodes as Cronyism Chickens Come Home to RoostKODK was sitting on a powderkeg of risk, as we noted in our last piece . We said the stock would give a minor bounce at $14, but could plunge from there on legal risk given the obvious problems in how the original move was orchestrated, including likely criminal insider trading issues.
This one will be a mess of headlines going forward. Technicals will likely cease having any significant meaning.
$KODK is Full of Binary Roller Coasters AheadKODK is pulling back to closing-basis Fib support in the $14 area. Expect some sort of bounce.
But this is also ripe with the potential for legal risk given the apparent serious and potentially criminal process that launched this move through crony processes with evidence of insider trades involved.
kodak Fundamental Analysis - KODKHOLD - THERE IS NOT A LOT TO SAY REGARDING TECHNICAL ANALYSIS.
Fundamental Analysis:
Eastman Kodak’s top executive reportedly got Trump deal windfall on an ‘understanding’
the administration of President Donald Trump announced a $765 million financing deal with Eastman Kodak, and in the days that followed the stock soared, making those additional options now held by executive chairman Jim Continenza worth tens of millions.
KODK LONG SET UP (Kodak Co)TITLE/(DATE)- KODK stock
ASSET- STOCK
PLATFORM-Robinhood
ORDER TYPE- BUY
Time Frame-1hr
ENTRY PRICE 1- $22.50 (market)
ENTRY 2- $19.50 (pending)
STOP LOSS- $15.50
TAKE PROFIT 1-$30.50
TAKE PROFIT 2- $35.50
TAKE PROFIT 3- $40.50
TAKE PROFIT 4- $47.50
TAKE PROFIT 5- $52.50
TAKE PROFIT 6- $59.50
STATUS: Active
BRIEF-DFC To Provide $765 Mln Loan To Eastman Kodak Co To Support Launch Of Kodak Pharmaceuticals
July 28 (Reuters) - U.S. International Development Finance Corporation:
* U.S. INTERNATIONAL DEVELOPMENT FINANCE CORPORATION - TO PROVIDE $765 MILLION LOAN TO EASTMAN KODAK CO TO SUPPORT LAUNCH OF KODAK PHARMACEUTICALS
* DFC - KODAK PHARMA TO MAKE CRITICAL PHARMACEUTICAL COMPONENTS IDENTIFIED AS ESSENTIAL BUT HAVE LAPSED INTO CHRONIC NATIONAL SHORTAGE, AS DEFINED BY FDA
* DFC - DFC’S LOAN TO ACCELERATE KODAK’S TIME TO MARKET BY SUPPORTING COSTS NEEDED TO REPURPOSE & EXPAND EXISTING FACILITIES IN NEW YORK & MINNESOTA
Sector: Electronic Technology
Industry: Electronic Equipment/Instruments
Employees: 4922
Eastman Kodak Co . engages in the provision of analog and digital innovations. It operates through the following segments: Print Systems; Enterprise Inkjet Systems; Kodak Software; Brand, Film and Imaging; Advanced Materials and 3D Printing Technology; Eastman Business Park, and All Other. The Print Systems segment comprises of prepress and electrophotographic printing Solutions. The Enterprise Inkjet Systems segment includes prosper and Versamark business. The Brand, Film and Imaging segment involves includes industrial film and chemicals, motion picture, and consumer products. The Advanced Materials and 3D Printing Technology segment offers kodak research laboratories and associated business opportunities and intellectual property licensing. The Eastman Business Park segment includes the operations of the Eastman Business Park, an acre technology center and industrial complex. The All other segment composes RED utilities variable interest entity. The company was founded by George Eastman in 1880 and is headquartered in Rochester, NY.
CLDR BULLISH BREAKING OUT OF FALLING WEDGECLDR COOLING OFF AFTER RUMOURS OF A BUYOUT. COMPANY IS MEETING WITH PE FIRMS DISCUSSING M&A POSSIBILITIES. BREAKING OUT OF FALLING WEDGE 30% UPSIDE.