SHW Simple Trade SetupThis is one of those simple chart setups that both long or short apply. All you have to do is wait. No guessing required.
A beautiful cup handle with a channel ready to go! One way or another.
The bias is to the upside bc it is still within the channel.
However, if this cracks! Lower boy, do you have yourself one hell of a CRACK! After 16 years in the channel.
In a world of Crypto Bros trying to pick bottoms every minute of the day, be smart and trade simple setups.
THANK YOU for getting me to 5,000 followers! 🙏🔥
Let’s keep climbing.
If you enjoy the work:
👉 Drop a solid comment
Let’s push it to 6,000 and keep building a community grounded in truth, not hype.
In-depth trading ideas
SHW Bulls Ready to Paint the Tape Green?📋 Trade Summary
Setup: Price bouncing off ascending trendline support in a tightening triangle pattern.
Entry: Market buy at ~$340
Stop-loss: Below channel support at $327.74
Targets:
Initial: $355 (trendline break)
Main: $388.75 (analyst price target)
Risk/Reward: ~1:3 R/R
🔎 Technical Rationale
Trendline Support: Price is holding the ascending channel bottom for several months.
Triangle Squeeze: Compression signals potential for a volatility breakout.
Daily Timeframe: Recent bounce coincides with overall market rotation into industrials.
🚀 Catalysts & Context
Analyst Price Target: $388.75 (+14% upside, see chart)
Recent Buy Ratings: Analyst consensus now “Buy” after last earnings.
Sector Rotation: Paint/coatings sector seeing inflows as cyclicals recover.
📈 Trade Management Plan
Entry: Market buy at $340; consider adding above $355 on confirmed breakout.
Stop-loss: $327.74 (below channel support).
Adjustment: Trail to breakeven after move above $355.
Scaling:
Take partial profits at $355
Hold remainder toward $388.75
🗳️ What’s Your View?
Are you watching SHW? Comment below or vote:
🔼 Bullish
🔽 Bearish
🔄 Waiting for confirmation
** Be sure to follow us so you don't miss the next big setup! **
⚠️ Disclaimer: Not financial advice. Trade at your own risk.
Sherwin-Williams Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Sherwin-Williams Stock Quote
- Double Formation
* (Target Entry Or Gap Fill)) At 770.00 USD | Completed Survey
* ((No Trade)) On Reversed Settings | Subdivision 1
- Triple Formation
* (Anchored VWAP)) + Cup & Handle Structure | Subdivision 2
* (TP1) | Subdivision 3
* Daily Time Frame | Trend Settings Condition
- (Hypothesis On Entry Bias)) | Regular Settings
- Position On A 1.5RR
* Stop Loss At 300.00 USD
* Entry At 360.00 USD
* Take Profit At 460.00 USD
* (Consolidation Argument)) & Pattern Confirmation
* Ongoing Entry & (Neutral Area))
Active Sessions On Relevant Range & Elemented Probabilities;
European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
Sherwin Williams, you will always need paintNYSE:SHW looks good here, pushing agains multi year horizontal resistance
* ER out of the way,
* weekly bull flag break here, need to confirm the weekly close,
can buy leaps or debit spreads, half size here and add on weekly confirmation.... not financial advice ;D
Sherwin-Williams | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Sherwin-Williams
- Double Formation
* 270.00 USD | Support Area | Subdivision 1
* Neckline | Uptrend Bias
- Triple Formation
* Flag Structure | Continuation Area Attempt | Subdivision 2
* 400.00 USD Resistance Area
* Triple Bottom | Retracement 50% | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
SHW Multi-Time-Frame Squeeze SHW has a history of making outsized moves on the back of Daily Squeeze action. In the recent past, it has moved in "harmonic" 50+ point surges. If the next daily squeeze fires long, I look for it to run up to it's prior high at $354. If it behaves like it did last quarter, this could happen on the run up into earnings. Thankfully, we're 1 month out, which gives us the added benefit of rising IV in the options. I'll buy calls or call butterflies and look to exit prior to the earnings event (to avoid IV crush and the event risk)!
Mean Reversion Strategy with High Win Rate on SHWFollowing on my thread, this time around I am applying my mean reversion strategy on SHW. This is a symbol with more than 20 years of price data. This proves that the strategy is inherently profitable across diverse assets and not subjected to overfitting risk. This study shows a strong positive expectancy as the win rate is above 90% while the average profit on a profitable trade is slightly larger than the average loss on a loss trade.
SHW Long OpportunitySHW has just over 13 days lost 20%. With earnings season coming up and SHW's full-year Zacks Consensus Estimates are calling for earnings of $9.48 per share and revenue of $21.88 billion. These results would represent year-over-year changes of +16.32% and +9.68%, respectively. Quite a high bar. According to our modelling the stock will be taking a breather going into earnings with some upside potential.






















