Robert Drecherd, a member of the board of directors at Kimberly-Clark ( KMB ) bought 2,000 shares of the company's common stock on Oct. 27. At $113.59 per share, he paid a total of $227,180 for the new shares.
InvestorsKeyhole Trade Alert
IK-> The technicals for KMB ($114.75 up $0.93) are bearish with a downward trend. The stock has support around $113.66 and recent resistance has been around $119.50. Look at the Dec. 100/105 bull-put spread for a 20-cent credit or better. That's a 4.2% return and the stock has to fall 8.5% to cause a problem. [InvestorsKeyhole, Various news and data services]
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Originally published on InvestorsObserver.com