KMB
has climbed all the way back up to its upper resistance, and all indicators and price action show that it is going to be very difficult to pop through it this time. It would appear that a reset for a push on up is necessary, which I do eventually think will happen. In my opinion, a good place to get long this stock would be around the 120-123 area. For now though, some put options should do the trick. OCT 18 P120 goes for 1.00 right now, and I will be initiating a small position in the am. Happy hunting, and GLTA!
