Jan. 21 at 6:28 AM
$KMB $XLP $SPY KMB — Weekly Chart View:
With the current weekly candle still forming, price is beginning to rebound off the prior weekly lows and closing levels from April and October 2018 (roughly the
$97–100 zone). Today’s move back above the round "psychological" trading level adds to that constructive tone as we head into January 2026. A developing price‑momentum divergence from the week of Nov 3, 2025 through Jan 5, 2026 is also notable, with weekly RSI lifting out of oversold territory and beginning to turn higher. If this improving price and momentum trend continues, the next upside reference might include:
• Initial lower boundary of the prior gap‑down window: ~
$106
• Mid‑gap (50%) level: ~
$111
• Full gap fill: ~
$116
These represent "potential" weekly upside targets over time should strength persist. While not a recommendation, swing traders might consider a structured (non‑directional) bull‑put credit spread strategy set beneath clearly defined horizontal support levels:
