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Coldwater Creek Inc is in the Retail-Clothing/Shoe industry, which is ranked 25th by IBD. Its EPS and RS rating are strong, a 97 and 93, respectively, with an A Industry RS, A-rated SMR and a B+ Acc/Dis. Overall, IBD rates it a 99.
Technically the stock appears poised to break out past the 34.46 former high, and if it does, I believe it will be a strong buy.
What do you make of that heavy volume day yesterday? The spread was pretty big on that. It fell hard right at 10:10 AM - 10:15 AM as about 700,000 shares were dropped. Found support and rallied nicely the rest of the day.
12/12/05 since that writing in Business Week, it has gotten sold off.
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