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SHW Swing Trade Setup & Price Targets

SHW (Sherwin-Williams Co.) will trigger an objective short entry on a break below 347.20, just below the 347.26 support level as well as this large bearish rising wedge pattern. The price targets are T1 at 331.10 & T2 at 317.35. The suggested stop (if targeting the final target) is any move above 356.10 with a suggested beta-adjustment of 1.1 (10% above a typical position size).

SHW daily July 6th

SHW daily July 6th

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2017-07-06T11:51:15+00:00 Jul 6, 2017 11:51am|Categories: Completed Trades - Short|Tags: |Comments Off on SHW Swing Trade Setup & Price Targets