Dec. 10 at 3:00 AM
Actionable Trade Alert for
$KMB:
Market Context:
$KMB is currently trading at
$102.89, with a neutral RSI of 48.89, indicating no immediate overbought or oversold conditions. The stock is below both the 30-day MA of 106.15 and the 50-day MA of 111.97, suggesting a bearish trend in the short to medium term. However, the price is above the 60-day low of 99.22, providing a potential support level.
Directional Bias: Given the current price position relative to the moving averages and the RSI, there is a cautious bullish bias as the stock may be poised for a corrective rally towards the moving averages.
Suggested Trade Plan:
- Entry:
$103.50 (slightly above current price to confirm momentum)
- Stop Loss:
$99.00 (below the 60-day low)
- Take Profit Targets:
1.
$108.00 (4.8% ROI)
2.
$112.00 (7.9% ROI)
3.
$120.00 (16.6% ROI)
This plan offers a potential 16.6% return on the third target while maintaining a manageable risk.
https://privateprofiteers.com
