Symmetrical Triangle Forming in Sherwin-Williams

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Sherwin-Williams Company (The) (NYSE:SHW)

NYSE:SHW Sherwin-Williams Company (The)

Trend Analysis Chart Patterns SHW longideas LONG Bullish Patterns Symmetrical Triangle symetrictriangle bullflagpattern Stocks stocktrading

trendanalysis chartpattern shw longideas long bullish symmetricaltriangle symetrictriangle bullflagpattern stocks stocktrading

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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