Friday, September 09, 2005

Sears Holdings

Here is an updated daily chart of Sears holdings.

In my last post on SHLD I said that I expected the low at 131, a little above the low of the box at 126. The market dropped past my target but did stop at the box low. I think SHLD is headed up from here. In a couple months it should be back at the top of the current box near 150 and will make new highs above 165 before the bull market ends.

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