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Watch for Ww Grainger Inc to Potentially Pullback After Gaining 1.84% Yesterday

By David Diaz

Ww Grainger Inc (NYSE:GWW) traded in a range yesterday that spanned from a low of $353.61 to a high of $361.54. Yesterday, the shares gained 1.8%, which took the trading range above the 3-day high of $360.08 on volume of 177,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend recommended that subscribers consider buying shares of Ww Grainger Inc on October 17th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $197.11. Since that recommendation, shares of Ww Grainger Inc have risen 79.6%. We continue to monitor GWW for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

In the past 52 weeks, Ww Grainger Inc share prices have been bracketed by a low of $163.86 and a high of $372.06 and are now at $359.80, 120% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 1.1% while the 50-day MA has advanced 1.2%.

Keywords: rebounders ww grainger inc

Ticker(s): GWW