SHW revisited. Swing Trading at its best.

As many of my readers know, I have been following Sherwin Williams for many years. It qualifies in most metrics as a solid company financially and has been an outstanding holding in many portfolios.

The caveat is that if you have the ability to adjust your potfolio when certain stocks are not gaining at price but declining, then SHW has been in and out of your portfolio many times in the past few years.

Using the weekly price action as the guide and the daily price action as your trigger, the following charts are a good example of good timing in SHW.

As usual, green lines represent the time of being long on the weekly, if only the daily agrees.

 

Long-only from April of 2020 until the end of January 2021. Then long-only from April of 2021 until Mid January 2022. Short only from February 11, 2022.

The daily charts are the actual trade trigger.

 

This is an example of how swing trading is supposed to work. Prices are as of the close on Friday, March 11, 2022.