$SW C&H Breakout: Eyeing 51% Target
Smurfit WestRock (
SW) is approaching a classic Cup & Handle breakout. The current support sits at $54.78, with additional support provided by the 150-day MA. Stock is trading near its 52-week high at $55.40, signaling strong momentum.
Potential breakout target is approximately 51% higher, reaching $82.67. Volume confirms bullish sentiment. Watch for a clean breakout above $55.40.
SW) is approaching a classic Cup & Handle breakout. The current support sits at $54.78, with additional support provided by the 150-day MA. Stock is trading near its 52-week high at $55.40, signaling strong momentum.Potential breakout target is approximately 51% higher, reaching $82.67. Volume confirms bullish sentiment. Watch for a clean breakout above $55.40.
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