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Sears Holdings (SHLD +2.4%) trades higher as the company continues to shed stores this...

Sears Holdings (SHLD +2.4%) trades higher as the company continues to shed stores this week. For technical traders, Minyanville calls attention to a chart showing a dramatically narrowing price range for shares as trading volume increases.
Comments (3)
  • $SHLD has failed above $60 for months now. Hoping it breaks this trend and has a solid leg up...but recent history says otherwise.
    26 Oct 2012, 11:45 AM Reply Like
  • Yes - that is true. It appears to be a technical trade again.
    The charts are showing that it is now over bought and a sell off is due again.
    It's just a trade until the numbers are a lot better and positive on retail too and not just from selling of assets.
    26 Oct 2012, 03:59 PM Reply Like
  • We may see $50.00 or lower again.
    27 Oct 2012, 10:40 PM Reply Like
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