Trading idea for Kimberly-Clark Corporation (NYSE)
#KMB
The descending pattern is truncated. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions. The inclined channel of the descending truncated pattern is broken.
Trading idea:
Buy when an ascending wave pattern is formed.
Stop Loss: 128.64.
Target levels: 140.65; 155.00.