StockBrosResearch

Symmetrical Triangle Forming in Sherwin-Williams

Long
NYSE:SHW   SHERWIN-WILLIAMS CO
NYSE:SHW is forming a symmetrical triangle. This is a name with lots of momentum as it has been going up consistently for the past few months. Look for long entries with more reward than risk. First target would be previous highs, 2nd target is all time highs. Refer to the stop loss level in the chart.

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