May. 24 at 11:24 PM
🚨
$KMB 1W Chart Update 🚨
Kimberly-Clark is showing a textbook breakout from a multi-year descending wedge. This is a massive structural shift. We are currently consolidating right above the breakout point, which has now become a critical support level. The volume profile is confirming interest at these higher prices, suggesting the move has real legs. 📊
🐂 Bulls to confirm: Need to hold the
$100 breakout level. A strong weekly close above
$105 will confirm the trend and open the door for a move toward the
$115+ supply zone.
🐻 Bears to confirm: A "fakeout" scenario. If the price falls back and closes below the
$98 trendline, it invalidates the setup and brings
$92 back into play.
A clean break—now let's see if the bulls can defend it.
#hovdid
$KMB #SwingTrading #TechnicalAnalysis
