Kimberly Clark in 5 wave expanding triangleKimberly Strong bullish move may be heading into an correction as the stock is currently in the D wave. Bearish engulfing strengthen the call for strong bearish movement
KMBC trade ideas
$KMB - KIMBERLY CLARK - Up 4,000% !Kimberly Clark is another mega stock that has been having a good consistent run for years. Looks set to make new highs with a recent breakout. Volume is a bit light at this level so might need to wait another day for confirmation of continuation and not a pull back. Earnings arent too far around the corner either but it seems to have rallied well off earnings in the past. Could be worth a watch for more conservative buy and hold defensive style portfolios especially in uncertain times.
Closer daily view showing the possible break out zone being breached.
Kimberly-Clark Corporation is engaged in the manufacturing and marketing of a range of products made from natural or synthetic fibers. The Company's segments include Personal Care, Consumer Tissue, K-C Professional and Corporate & Other. The Company's Personal Care segment offers various solutions and products, such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, and other related products. The Company's Consumer Tissue segment offers products, such as facial and bathroom tissue, paper towels, napkins and related products. The Company's K-C Professional segment offers solutions and supporting products, such as wipers, tissue, towels, apparel, soaps and sanitizers. The Company's business outside North America includes Developing and Emerging Markets (D&E) and Developed Markets. It sells its products to supermarkets, mass merchandisers, drugstores, warehouse clubs and other retail outlets.
No concealer can cover up this short opportunityKMB has climbed all the way back up to its upper resistance, and all indicators and price action show that it is going to be very difficult to pop through it this time. It would appear that a reset for a push on up is necessary, which I do eventually think will happen. In my opinion, a good place to get long this stock would be around the 120-123 area. For now though, some put options should do the trick. OCT 18 P120 goes for 1.00 right now, and I will be initiating a small position in the am. Happy hunting, and GLTA!
Kimberly Clark bullish Simple as that.
Follow the trend, it still has potential to bring price higher
KMB down trend brokenOverview:
Down Trend is broken;
50 days moving average crossed above 200 days moving average;
Oscillator bottoming around 40% on dips (bullish sign);
Resistance (s): 116.90 – 119.7 – 123.3 – 126.25;
Support(s) : 112.5 – 110;
Trading implications:
Buy at market open (last close: 114.61);
Target (s): 123.30 – 126.25 – 134.25;
Stop on a 2 days close below 112.5 or a 2% intra day break below it being 110.25;
Earnings Glitch ?Anybody notice the 0.26 Q1 earnings reported for KMB on the interactive chart ? This isnt even close to correct. It should be more like 1.71.
Dow drops once again #26 (KMB)Technical Concept: Support broken becomes Resistance (Red Arrows= Resistance) (Blue Arrows= Support)
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#KMB #stock #shortKMB has formed a double top. It has broken an uptrend on the daily chart. However, uptrend on the higher timeframe charts are still intact. the stock has also formed a inverted falling wedge. I expect it to retrace tot he top of the wedge this week. After that if the indicators suggest a continuation of the double top downtrend then I might jump in. Overall rating was 7 with nice RRR of 13. What is nice about this stock is the option liquidity. You can play many different time frames and if you are wrong can find an exit. Playing options is a lot like life. Spend time doing your homework, then execute, and then assess. If you are wrong, acknowledge it quickly, cut your losses, then go with the best (or correct) idea. BUT you want to be in an environment where you can make mistakes and still recover. This is one of those stocks.
trading pattern criteria
confirmed pattern 1
pattern confirms trend or confirms broken trend 0
pattern is syemtrical 1
pattern leans in the direction of the move 1
stoch RSI confirms 1
macd confirms 1
obv confirms 0
pattern confirms on 1 higher time frame chart 1
pattern confirms on 2 higher time frame chart 1
pattern confirms on 1 lower time frame chart 0
Total score 7
Stochastic divergence at the breakout point of a falling wedge May bounce back to the trend line. Get in on the way up.
Buy: 118.25
Target: 122.17 - 126.80 (3.32% - 7.23%)
jbzstocks.com
Uptrend IntactWe reached the lower side of the Regression Channel and may build an inverted Hammer here.
Kimberly-Clark (KMB)This is a top quality share and, at this price, offers an attactive dividend yeld of 3.00%. Whit its high financial strenght, it could be a proxy of an high quality bond.
