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Re: aries4747 post# 2977

Friday, 12/30/2011 11:02:22 AM

Friday, December 30, 2011 11:02:22 AM

Post# of 12829
Weekly Chart Analysis - I've been following the decline of Eastman for a long time now. Based upon the current weekly chart, it does not appear that there is a bottom is sight at the present time. Due to oversold conditions and mild bullish tension in the MACD however, their could be a bounce in the price back to perhaps the 10 or 20 week moving averages seen on the chart below. That would be a normal occurance. EK - Weekly Candlesticks

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