Traders are watching this Ascending Triangle on KMB. Inspect the chart now.
Bullish continuation pattern.
Traders are watching Kimberly-Clark (KMB) as price action tightens. Currently at $102.56, the asset is showing upward momentum (1.07%). Price action has carved out a classic Ascending Triangle. The trend indicator is reading 29.3/100, suggesting moderate momentum. A potential breakout level is identified at $105.01, targeting $117.96 with support near $93.95 (R:R 1.17).
What is your outlook on KMB?