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Long and short SHW Activation of the transaction only when the blue zone is fixed/broken. Working out the local support and resistance levels of the triangle. * Possible closing of a trade before reaching the take zone. The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date...
either we bounce of the trendline an continue up towards 800. or we pull back a bit. if long use a tight stop. remember to take profits where you can ! gl :) leave a like if you found this helpful <3
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.
Good long-term investment assuming no market collapse takes place, might have to revisit $600 if the trend channel continues.
buy above 575.55 target 582.75 target 595.25 sl 570.25
If we break this strong resistance this could be a money maker...
Bears agreeing to sell at lower prices. Line of Resistance will be tested soon, let's see what will happen!
Fail Resistance $415 Potential 9eMA CrossDwn, $400 or break 2 $385
Potential Put/Short to $370 if $395.5 Fib Supp. Breaks; Upside above $407
This is a IWM equal weight etf top holding. Right here it is the top holding. That means come next week the fund will likely sell shares to re-balance it's holdings. Not the best situation to be in since we pushed past the expected move today. Just my 2c
Will add long dated calls
Huge gains today on SHW if you were patient. I got shares at 418.30. Good buying/demand zone. But sold at 421.30. OK, a nice gain, but patient and holding to the 15min chart would have returned HUGE profits. Why: the upper level sellers were taken out at the open, so waiting for the stock to push through that previous level was likely. Should have gotten a coffee...