Sears Holdings (SHLD) August 10

SHLD (Sears Holdings) shares rebounded from their multi-year lows last week. There is a series of resistance levels to break next for this rally to keep going. Last year’s local lows ($24.10 and $26.62) and the 50-day SMA (now @ $27.36) are some levels to watch. Still bearish.

SHLD (2 years)

shld

Chart: Stockcharts.com

Petros Steriotis