Street Fades Favorable Barron's Article On Sherwin-Williams

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Sherwin Williams
SHW
shares are trading lower by $2 at $243.77 in Monday's session. Despite a favorable piece in Barron's over the weekend, investors utilized the rally off the open to exit the issue. Following over $1 higher open, the issue rallied to $247.72, which well shy of Friday's high $249.93) before reversing course. At this time, the issue is attempting to find support in the area of Friday's low ($243.51), reaching $243.34 and has mounted a small rally.
Joel Elconin is the co-host of Benzinga39;s #PreMarket Prep, a daily trading idea radio show.
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