SHLD Stock Breakout Looming?
Posted on Wed 31st Jan, 2007 07:22:27 PM
I love the setup that Sears Holdings (SHLD) has assembled here over the last few months. Looking at the most recent base that is developing, the lower average volume is perfect for a setup. What I will be looking for is the stock to rise back towards $180 on continued lower volume, and then make a heavy volume break past $182; this is your buy point. SHLD would make for a great long term hold, and I believe the stock has a lot of potential for growth this year. But, like any vision, facts must back our story, so until a break occurs, keep Sears Holdings on your close radar!
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