years on the market

Trading Idea for Kimberly-Clark Corporation (NYSE)

#KMB

The overall trend is upward. The support level of 128.64 is holding back sellers. The inclined channel of the descending structure is broken. Awesome Oscillator shows bullish divergence, while Stochastic Oscillator signals oversold. The breakout of 133.80 will result in the formation of an ascending wave pattern within the wave (C) of the ascending pattern of the H4 level.

Trading idea:

Buy at the breakout of 133.80.

Stop Loss: 128.64.

Target levels: 137.73; 142.82.

Other reviews

Choose your language