Learn to Evaluate (GWW) using the Charts

January 02, 2025, 02:30 am ET, BY Barry C.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for GWW

• Buy GWW near 1025.37 target 1109.45 stop loss @ 1022.41 Details

The technical summary data tells us to buy GWW near 1025.37 with an upside target of 1109.45. This data also tells us to set a stop loss @ 1022.41 to protect against excessive loss in case the stock begins to move against the trade. 1025.37 is the first level of support below 1054.05 , and by rule, any test of support is a buy signal. In this case, support 1025.37 would be being tested, so a buy signal would exist.

• Short GWW slightly under 1109.45, target 1025.37, stop loss @ 1112.65 Details

The technical summary data is suggesting a short of GWW as it gets near 1109.45 with a downside target of 1025.37. We should have a stop loss in place at 1112.65though. 1109.45 is the first level of resistance above 1054.05, and by rule, any test of resistance is a short signal. In this case, if resistance 1109.45 is being tested, so a short signal would exist.

Swing Trading Plans for GWW

• Buy GWW slightly over 1058.08, target 1109.45, Stop Loss @ 1055.02 Details

If 1058.08 begins to break higher, the technical summary data tells us to buy GWW just slightly over 1058.08, with an upside target of 1109.45. The data also tells us to set a stop loss @ 1055.02 in case the stock turns against the trade. 1058.08 is the first level of resistance above 1054.05, and by rule, any break above resistance is a buy signal. In this case, 1058.08, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short GWW slightly near 1058.08, target 1036.38, Stop Loss @ 1061.14. Details

The technical summary data is suggesting a short of GWW if it tests 1058.08 with a downside target of 1036.38. We should have a stop loss in place at 1061.14 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 1058.08, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for GWW

• Buy GWW slightly over 1057.01, target 1058.08, Stop Loss @ 1054.54 Details

If 1057.01 begins to break higher, the technical summary data tells us to buy GWW just slightly over 1057.01, with an upside target of 1058.08. The data also tells us to set a stop loss @ 1054.54 in case the stock turns against the trade. 1057.01 is the first level of resistance above 1054.05, and by rule, any break above resistance is a buy signal. In this case, 1057.01, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short GWW slightly near 1057.01, target 1045.11, Stop Loss @ 1059.48. Details

The technical summary data is suggesting a short of GWW if it tests 1057.01 with a downside target of 1045.11. We should have a stop loss in place at 1059.48 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 1057.01, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for  W.w. Grainger Inc. (GWW) available here: GWW.

GWW Ratings for January 02:

Term →	Near	Mid	Long
Rating	Weak	Weak	Strong
P1	0	0	1025.37
P2	1045.11	1036.38	1109.45
P3	1057.01	1058.08	1195.46

AI Generated Signals for GWW

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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet.  However, if we pay close attention we can see what is going on, and make good decisions.. The  W.w. Grainger Inc. (NYSE: GWW) report below can help you understand how to do this. The trading plans for GWW, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.