Where is Sears Holdings(SHLD) Headed?


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

JimmyBob (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.

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