lowtrade

[lowtrade]

Loven SHLD (sears)

After last nights post about JCP & SHLD I decided to take my first stock position in a month. Bought SHLD again at open, because double bottom target, top resistance, broken Thursday.

http://stockcharts.com/h-sc/ui?s=SHLD&p=D&yr=0&mn=3&dy=0&id=p62044064577

High candle spike with strong volume. Red Monday and I'm out already. But there is a possibility of hitting $42, next resistance. Their starting to finally sell real-estate. And that has been their honey pot forever. The bee-z are a buzz-en about the potential new rev stream.

Sitting on 8 1/2 % and FAS was weak for me today. FAS/FAZ finished the week with 7.5%. For me at the big boards 8.5% in a day is like a lightning strike. Lucky day, rare for me.