$SHLD Appears to be in the beginning of Elliott Wave 4 retracement. Both RSI and MACD loooking bullish on the daily chart. A cross above $8 by 2/10/17 is not unlikely.
Comment:
Trendline broken; PT void. Short-term retracement still likely.
Trade closed: target reached:
$8 crossover reached on 2/10 during pre-market trading ($7.75 during normal trading hours). Another short-term bounce is likely around $6.50 prior to resumption of downtrend.