Kimberly Clark Rebounds From Q4 Miss

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Kimberly Clark shares
KMB
shares are trading lower $1.30 at $125.42 in Monday's session. The Street has punished the issue after a Q4 EPS miss of a penny with a slight miss for revenues. After a lower open, it continued in that direction before it found support just under Wednesday's low ($121.71), reaching $121.50. Since reaching that depressed level it has staged a huge rebound and continued to make new highs for the session. If the rally continues there is very little resistance until Friday's close of $126.72.
Posted In: TechnicalsIntraday UpdateMoversTrading Ideas
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