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GWW Approaching Support, Potential Bounce!

Long
NYSE:GWW   W.W. Grainger, Inc.
GWW is approaching our first support at 255.20 (horizontal overlap support, 61.8% fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 284.50 (horizontal swing high resistance, 23.6% fibonacci retracement).
Stochastic (55,5,3) is also approaching support where we might see a corresponding bounce in price.
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