Sears Looks Interesting Here
This morning feels like the epitome of slow trading. I am being very careful not to force any trades here, as I'm seeing a lot of attractive setups that nonetheless lack triggers.Sears Holding (SHLD) -- Daily Source: StockCharts.com View Chart » View in New Window »
I do like the look of Sears Holding (SHLD), even if I don't love the business itself. Last quarter's numbers were actually a bit better than I had expected, but overall there still work to do before this retailer can turn itself around. The chart is appealing to me, though, and that's worth a trade. I'm long the April calls at a $52.50 strike price, as I'm looking for the stock to possibly run as high as $55. The stochastics are showing strong momentum, while the relative-strength index is confirming the price move....188 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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