Sherwin-Williams (SHW) shares of the paint supplier are coiling in a tight wedge and showing relative strength over the past week as its above all key moving averages and looking to breakout above monthly value area at 365 for a move higher to likely target the VPOC at 383. SHW has its all time highs up at 400 also as a larger target perhaps into Spring as the housing market and builders start to see a rebound with rates falling back. SHW still has 2500 March $340 short puts in open interest from the opening seller on 1/30 and about 550 March $370 calls bought on 1/14 still holding.