Dec. 25 at 1:49 PM
Actionable Trade Alert for
$KMB:
Market Context:
$KMB is currently trading at
$101.08, near the 60D low of
$99.22, indicating potential for a rebound. The RSI at 31.55 suggests that the stock is oversold, which may lead to upward momentum. The MA30 at
$103.82 and MA50 at
$107.72 indicate resistance levels that could be tested if the price rebounds.
Directional Bias: Given the oversold RSI and proximity to the 60D low, there is a bullish bias for a potential recovery towards the moving averages.
Trade Plan:
- Suggested Entry:
$101.50
- Stop Loss:
$99.00 (2.5% risk)
- Take Profit Targets:
1.
$105.00 (Target 1: 3.7% ROI)
2.
$108.00 (Target 2: 6.9% ROI)
3.
$118.00 (Target 3: 16.8% ROI)
With a potential upside of 16.8% at Target 3, this trade offers a favorable risk-reward ratio.
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