Traders are watching this Descending Triangle on KMB. Inspect the chart now.
Bearish continuation pattern.
KMB is showing interesting structural developments at $96.13. With a last close of $96.13, volatility remains active (-1.48%). Price action has carved out a classic Descending Triangle. Volume is average (0.94x avg) with moderate trend strength (22.9). A potential breakout level is identified at $94.54, targeting $78.62 with support near $100.82 (R:R 2.53).
What is your outlook on KMB?