Wednesday, August 10, 2005

Sears Holdings

Here is an updated daily chart of Sears Holdings. The biggest reaction so far was the 25 point drop in early June. A similar drop from the recent high at 163 would carry the market to 138 which is also the 1/2 point of the current box. From there I think SHLD will rally to the top of the next box at 173.

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