Sears Not Responding To Q3 Beat

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Sears Holding Corp SHLD shares are trading lower by $0.12 at $12.00 in Thursday's session. The Street is not impressed with its smaller than expected loss of $0.95 along with a slight revenue beat.

After a lower open, it immediately found support under the trio of lows from the last three sessions at the $11.50 area, bottoming at $11.39. So far, the ensuing rally has stalled a penny from Wednesday's close ($12.12) at $12.11. That close was only a nickel off Wednesday's high of $12.17.

If the rally continues, Tuesday highs rests at $12.22 and Monday's high is up at $12.61.

Posted In: TechnicalsIntraday UpdateMoversTrading Ideas
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