Where is Sears Holdings(SHLD) Headed?

trade-idea

searsholdings_blk

I am still working on my "Bull Case" on Sears Holdings(SHLD) and should have it out shortly. For now, i will share a few charts, which are below. I  think the stock heads over $50 this week -

This is my chart from Week Ahead Webinar March 9th:

SHLD 3-9-14

 

Once the stock breaks over $50, will look for the stock to fill the gap from the December 4th, when Eddie was forced to sell some of his Sears Holdings stake due to redemptions.

SHLD 3-11-14

Stay tuned for my thoughts on Sears Holdings (SHLD) in the coming days...

 

Happy Trading!

 

- JB

Profile photo of jimmybobJimmyBob (Scott)has been trading equities for over 15 years, a majority of which were OTC micro-cap stocks. He started trading high risk stock options over the past 7 years, and has proven winning trades in excess of 15,000%.

As one of the Co-Founders of optionmillionaires.com, Scott enjoys sharing his knowledge with other investors through timely blog posts, daily watch lists in the forum, weekly webinars, and helpful advice within the chatroom.

More Posts by JB: View All | Private Twitter Feed: Access Now! (For Diamond Members)

Leave a Reply