Eying Eastman

Eastman Chemical (EMN) is holding up extremely well this week. The stock has fallen off its early-April highs but has suffered very little damage by comparison.

During yesterday's all-out rout Eastman did not make new lows for the week. Today the stock opened with a downside gap but has managed to recover and is still in the green despite the DJIA's drop below the March lows. This is an impressive show of strength and indicates that Eastman bulls are very comfortable with their positions....244 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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