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Can Sears Holdings Bounce At Key Level

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April 24, 2012 – Comments (0) | RELATED TICKERS: SHLD

Sears Holdings Corporation (NASDAQ:SHLD) has fallen sharply over the last two months. On March 16th, 2012 the stock hit a 52 week high of $87.66. Today, it hit a low of $50.58. The stock is now into a key support level and traders are watching to see if it holds. This level is a pivot point as well as a key gap fill going back to February 2012.

Gareth Soloway
InTheMoneyStocks.com

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