Stock Chart Analysis ITW

Posted by downtowntrader | 8/12/2007 08:54:00 PM | 0 comments »

Stock Chart Analysis ITW

Illinois Tool Works Inc. (Public, NYSE:ITW)

ITW broke out of a decent base in June and following through nicely. However, it has since retraced the breakout following recent market weakness. There hasn't really been too much chart damage here, and if the markets rally this week, then ITW should be a willing participant. This has a very nice weekly chart to go along with the nice daily setup.

Good Trading,


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