June 30, 2009

A Triple Bottom Breakdown for Sherwin Williams

By Arthur Hill

From the PnF scans comes Sherwin Williams (SHW) with a clear break below the May lows. On the PnF chart, you can see the number 5 to denote the start of May and then two reaction lows. After the number 6 (June), SHW formed another column of O’s that broke below the prior two lows. Also notice that SHW broke the bull support line.

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