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Monday, March 28, 2011

Eastman Kodak Co. (EK) Stock Analysis 2011


The following is Eastman Kodak Co. (EK) technical analysis for March 28, 2011

Research in Motion Ltd (RIMM) Support and Resistance Levels - 3/28/11

Resistance Levels: $4.32

Support Levels: $3.72

Chart - Courtesy of www.stockcharts.com

Eastman Kodak Co. (EK) stock is running up this morning after a patent dispute win on Friday. Eastman Kodak Co. (EK) stock will have resistance at the 200 day moving average located at $4.32. EK will have support located at $3.72 today which is the 50 day moving average. If Eastman Kodak Co. (EK) can secure additional revenues from the patent dispute, the stock could probably rally above $5-$6 in the long run.

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