Kimberly-clark $KMB Technical Update – Stock Traders Daily

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Kimberly-clark $KMB Technical Update

The Kimberly-clark (NYSE: KMB) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for KMB, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

Review the Trading Plans:

Technical Summary

Term → Near Mid Long
Bias Neutral Neutral Neutral
P1 113.28 111.60 93.55
P2 115.85 117.44 105.60
P3 116.87 123.58 117.74

Long Term Trading Plans for KMB

September 6, 2018, 3:45 pm ET

The Technical Summary and Trading Plans for KMB help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this KMB Report.

KMB – (Long) Support Plan

Buy over 105.60 target 117.74 stop loss @ 105.34.
The technical summary data tells us to buy KMB near 105.60 with an upside target of 117.74. This data also tells us to set a stop loss @ 105.34 to protect against excessive loss in case the stock begins to move against the trade. 105.60 is the first level of support below 116.37 , and by rule, any test of support is a buy signal. In this case, support 105.60 is being tested, a buy signal would exist.

KMB – (Short) Resistance Plan

Short under 117.74 target 105.60 stop loss @ 118
The technical summary data is suggesting a short of KMB as it gets near 117.74 with a downside target of 105.60. We should have a stop loss in place at 118 though. 117.74 is the first level of resistance above 116.37, and by rule, any test of resistance is a short signal. In this case, if resistance 117.74 is being tested, a short signal would exist.

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