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Actionable news in KMB: KIMBERLY-CLARK Corp,

Kimberly-Clark (KMB) Stock Ready to Clean Up

NEW YORK (TheStreet) -- We know and trust the products of Kimberly-Clark (KMB - Get Report) , and now the chart looks more constructive. That sounds like a great combination.

In this chart of KMB, above, we can see that prices were locked in a sideways trading range until September when prices sprinted higher, breaking out to new 52-week highs. The On-Balance-Volume (OBV) line, turning up before prices do, and the Moving Average Convergence Divergence (MACD) oscillator are giving green lights.

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In this chart, above, we can see how the 40-week moving average has tracked the uptrend from $60. The OBV line is positive, and the MACD oscillator is positive. Traders should look to buy KMB on a pullback or dip to the $119-$118 area. Use a sell-stop under $114.

TheStreet Ratings team rates KIMBERLY-CLARK CORP as a Hold with a ratings score of C+. TheStreet Ratings Team has this to say about their...


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