KIMBERLY CLARK CORP
(KMB-NYSE):
Technical Viewpoint: From a low
of $49.94 on Sep 21, 2000 prices
rallied, reaching a
high of $59.31
on Oct 9, 2000. A
decline saw prices pull back, reaching a
low of
$55.25 on Oct 10, 2000.
Another rally saw prices penetrate
resistance, closing 10/27/00
at $65.44. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Oct 6, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $61 1/2. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Oct 27, 2000. A P&F upside
reversal takes place at $63.00. Summary: Technical indicators have turned bullish. BUY! KIMBERLY CLARK CORP
(KMB-NYSE) @ $65 7/8 Stop: Use a protective stop of $63 1/8.
KIMBERLY CLARK CORP is currently trading @ $65.44 plus $2.81 on Oct 27, 2000. Price Objective:
$77.00. Risk/Reward: $2 3/4 VS. $11 1/8. Today's Risk Reward Ratio: 4:1
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