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Trading idea for the Kimberly-Clark Corporation (NYSE)

21.01.2021

Market Review

#KMB

The descending pattern is truncated. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversold condition. Breaking through the resistance level of 132.64 will result in the formation of an ascending wave pattern.

Trading idea:

Buy above 132.64.

Stop Loss: 129.30.

Target levels: 138.00; 144.00; 155.00.

Author: GC
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