📉 Short Setup
🔍 Description:
Kimberly-Clark (NYSE: KMB) is showing a double top pattern, a classic bearish reversal signal. A break below the confirmation level would confirm the bearish move, with a significant downside target.
📊 Trade Details:
📌 Confirmation:
A break below the confirmation level with strong volume would validate the short setup. If price reclaims the double top resistance, the setup may be invalidated.
Trade wisely! 🚀📉
🔍 Description:
Kimberly-Clark (NYSE: KMB) is showing a double top pattern, a classic bearish reversal signal. A break below the confirmation level would confirm the bearish move, with a significant downside target.
📊 Trade Details:
- Entry: Below confirmation level
- 🔴 Stop Loss: 152.67
- 🟢 Target: 101.35
📌 Confirmation:
A break below the confirmation level with strong volume would validate the short setup. If price reclaims the double top resistance, the setup may be invalidated.
Trade wisely! 🚀📉
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.