BBTrader29

ITW Round Up

Pembelian
NYSE:ITW   Illinois Tool Works Inc.
ITW is looking like a roundup pattern is forming back to it's prior resistance that it recently failed to break. If it can reach that resistance again, it will have formed a cup and handle pattern as well with momentum to breakout to $165 level where it will reached another set of resistance. Alot of buyers came back into the stock after it was sold off after earnings, showing strength. Looking for a 6-7% move from current levels.
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