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WW Grainger At Bottom?

|Includes:W.W. Grainger, Inc. (GWW)

Shares of WW Grainger (NYSE:GWW) are trying to reverse course here at a key pivot point with strong volume accumulation seen in the preceding run-up off the pivot low.

The numbers for GWW look okay; healthy margins given the business:

Possible inverted Head & Shoulders forming here, which would target 290 on the break above 260, for an 18% return...

Disclosure: I am long GWW.

Stocks: GWW