Morning chart- SHLD breaks trendline!

Gary Kwapik

By Gary Kwapik — Author

Hello Everyone,

Shield Corp (SHLD) has just broke thru the downtrend line at the 38 area.

The ETF XLF has also broke thru a spread triple top/ Earnings are out to 5-21. Target around 45-47 and stop could be just under uptrend line at 33.

A saucer type pattern is also forming on the HLC chart.

Low IV would allow long term calls to be traded for the aggressive trader. watch this for a further move up.

Tickers: SHLD

Posted to Stock & Option Scout on Mar 05, 2015 — 9:03 AM

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