May. 23 at 7:07 PM
🚨 Major macro retest on
$KMB. The weekly frame for Kimberly-Clark has flushed straight back down to test a massive multi-year horizontal demand floor at
$94.50, coinciding with a dense volume profile node. 🛒👶
Underlying business data is showing a big structural battle. Q1 earnings beat expectations with adjusted EPS at
$1.97 on
$4.16B in revenue, powered by strong 3.0% volume
🐂 Bulls: Must hold this floor and clear back above the immediate pivot at
$96.58 on a closing basis. Reclaiming this zone shifts structural control and targets a relief squeeze into the main volume shelf at
$109.13.
🐻 Bears: Want to break the floor clean below
$94.50. A weekly close below this multi-year range base opens up a wide markdown corridor down to lower historical support at
$88.50.
Macro defensive staples are sitting at key value boundaries next week. Watch the volume at the floor. 📊🍿
#ConsumerStaples #ConsumerDefensive #ValueInvesting #EarningsSeason #hovdid