Ongoing decline — week 6
Eastman Kodak: double bottom slows the decline, but the structure stays bearish
Ongoing decline — week 6
In Summary
Week 6 of a sell signal on Eastman Kodak, with the week closing up 1.8% after a technical bounce. A double bottom has formed in the 9.1 area on the daily chart with a 12% intermediate rebound, but weekly flow indicators remain oriented toward selling. The setup suggests maintaining an existing short position, not opening new ones.
IQS Phase
58
ordinary
Signal Strength
4
indecisive week
Sizing
MINIMUM
Ranking
#97 / 131
US stocks
Trade P&L %
+1.24%
from signal to today
restricted Platinum content