KMB is Part of homebuilders industry which has big selling and high p/e ratios. KBM itself has huge insider selling.
In the weekly frame it is forming a double top & moneyflow is deep in negative side. All this make it a very good Short candidate.
It is reporting Oct 24th before market open. As earnings play we would consider $120 November outs @ $3.20 & $120 January Puts @ 4.80
You can check our detailed analysis on KMB in the trading room/ Executive summary link here-
www.screencast.com/t/SwoqTyfwyR2M
Time Span: 18:30"
In the weekly frame it is forming a double top & moneyflow is deep in negative side. All this make it a very good Short candidate.
It is reporting Oct 24th before market open. As earnings play we would consider $120 November outs @ $3.20 & $120 January Puts @ 4.80
You can check our detailed analysis on KMB in the trading room/ Executive summary link here-
www.screencast.com/t/SwoqTyfwyR2M
Time Span: 18:30"
Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at www.smartmoneytrading.com/now
Check out some of our free video examples @ smartmoneytrading.com/insights/
Check out some of our free video examples @ smartmoneytrading.com/insights/
