Apr. 23 at 1:50 PM
$KODK BREAKOUT ON ITS WAY! ... imo NEXT STOP
$19.00
The Tape Today: Breaking ThroughCurrent Price:
$13.41 (Up 5.5% today).Intraday High:
$13.475 (A new 52-week and multi-year high).
Volume Indicator: Momentum is picking up early. While daily volume was ~1.2M shares yesterday, the velocity of the move this morning suggests institutional participation as the stock clears the final resistance level.
Support / Resistance & Breakout Targets
The stock has officially "broken the roof." Here is the updated technical landscape:LevelPriceAction/IndicationImmediate Resistance
$13.50THE final psychological "door." A sustained close above this level confirms the brokerage expectation of a "rip."
Breakout Target 1
$15.11THE next Fibonacci extension and trend-top level.Breakout Target 2
$16.00 –
$19.00THE "Gap Up" zone expected by several firms once
$13.58 is cleared.