Dec. 17 at 2:30 AM
Actionable Trade Alert for
$KMB:
Market Context:
$KMB is currently trading at
$102.62, below both the 30-day moving average (MA30) of
$104.00 and the 50-day moving average (MA50) of
$110.01. The RSI at 36.77 indicates that the stock is in oversold territory, suggesting potential for a bullish reversal. The recent 60-day high of
$125.32 and low of
$99.22 provide a clear range for potential price movement.
Directional Bias: Given the oversold RSI and proximity to the 60-day low, there is a bullish bias for a short-term rebound.
Trade Plan:
- Suggested Entry:
$102.62
- Stop Loss:
$99.00 (below the 60D low for risk management)
- Take Profit Targets:
1.
$106.00 (approx. 3.67% gain)
2.
$110.00 (approx. 7.07% gain)
3.
$120.00 (approx. 17.91% gain)
This plan offers a minimum of 17% ROI at the third target while maintaining a manageable risk.
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