KODK Eastman Kodak Monthly Chart; Positive Divergence

Decades ago, you were the big-shot if you took pictures with a Kodak camera at family events. Interestingly, Kodak was at the forefront of digital imaging technology and had owned and still owns many patents. Humorously, however, they stuck to the old camera line of products and did not embrace the digital world as fast a competitors even though their technology was paving the road. Anyhoo, Kodak is bludgeoned over the last few years and left for dead.

Then bitcoin arrives on the scene, cryptocurrencies, digital darlings, blockchain, all these buzzwords everyone throws around but very few understand. Kodak jumped on the digital currency bandwagon announcing their own coin now it is thought they are involved in blockchain technology but no one actually knows what is going on.

Nonetheless, KODK, OSTK and others tend to move with bitcoin prices. Bitcoin should recover this year after its annihilation. The KODK chart is positively diverged. Keystone bot some on the long side today. It is an extremely dangerous and speculative trade and can easily result in big losses. Keystone will play in it for a little while, a few days or weeks, and see what happens. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.