Because there is evidently still some chat-room interest in this stock, I took a look at a bigger-picture chart to see what’s going on. Lo, the 2.75 bottom recorded just before the rumor mill shifted into high gear early in May fell just two ticks from a major Hidden Pivot ‘midpoint’ support. Since I don’t have a crystal ball, I won’t speculate on whether that support will contain the current dive. However, I can assure you that if the pivot is decisively breached, Kodak is headed down to at least 1.47, the midpoint’s ‘D’ sibling. It’s all in the chart, as you can see for yourself.
