Jun. 13 at 7:09 PM
$KVUE has finally reclaimed its major weekly moving averages, marking a technical shift from a year-long downtrend to a potential new upward cycle. The Q1 earnings beat proved the core business is resilient, and the market is slowly starting to look past the Kimberly-Clark acquisition uncertainty. If the technical momentum holds, we are staring at a structural trend reversal.
🐂 Bull Level: Hold
$17.50 as the primary support floor for a run toward
$19.50+.
🐻 Bear Level:
$17.00 must hold, or the reversal thesis faces a major delay.
#KVUE #Kenvue #StockMarket #TechnicalAnalysis #hovdid
