Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 20.4/61.80%
Chart time frame : B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress : A
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) Hit the bottom
D) Hit the top
Stocks rise as they rise from support and fall from resistance....
Kimberly-Clark Corporation is an American multinational personal care corporation that produces mostly paper-based consumer products. The company manufactures sanitary paper products and surgical & medical instruments.
Pending Channel Break
KMB looks poised to continue higher after a meaningful retrace.
Keeping this defensive play on my watchlist since it reported decent earnings.
If XLP gets the pullback I'm expecting this should be a buying opportunity at the retrace to support.
Accuracy in direction. I started with penny stocks then forex. Through it all I stuck with reading the charts and understanding it. I've used tradeview as a diary for myself.
The PEAD projected a Bullish outlook for $KMB after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 85.71%.
Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care and consumer tissue products worldwide. It operates through three segments: Personal Care, Consumer Tissue and K-C Professional.
Revenue TTM 19.4B
Net Income TTM 1.8B
Total Debt/EBITDA 2.30x
Dividend Yield 3.9%
P/S 2.09
KMB is above the dominant trend line it needs a retest of this trend line in green
This is indicated by the double curved arrow
Once retested bullish action should commence past this sideways movement
Seeing the Garchomp pattern has completed on the last daily candle.
Long on KMB because they are the parent company of the brand Depends - Adult Diapers.
You're going to need them when you shit your pants in the next depression bullas.
Godspeed, you lunatics. :D
chart-art shows POSSIBLE uptrend , green trend-line means bullish . Over the ma line can_be 🐂, & under will be bearish Short to midterm .
~~N0 arrows. ~~ N0T trading Advise either +dyor
Short (Entry Price) below the black line and exit (Stop Loss) above the red line. Can take profit at the suggested Target Price.
Entry Price: $123.00
Target Price: $122.00
Stop Loss: $124.78
Short (Entry Price) within the sell zone area and exit (Stop Loss) above the red line. Can take profit at the suggested Target Price.
Entry Price: $119.83 / $120.87
Target Price: $118.63 / $119.57
Stop Loss: $121.89 / $122.18
According to the book Good to Great by Jim Collins, the stock achieved a fifteen-year result 3.42 times higher than the market in the 20th century. I want to compare that period in which the stock achieved excellent results and update that comparison with data from the 21st century to see how the stock has progressed further. For more details see my blog, an...
Analyzing stock Kimberly Clark 1971-1991. According to the book Good to Great by Jim Collins, the stock achieved a fifteen-year result 3.42 times higher than the market. I want to compare the period from the book in which the stock achieved excellent results (which was in the 20th century) and update that comparison with data from the 21st century to see how the...
