Sears Holdings Marketing Chief Steps Down (SHLD)

Sears Holdings Corp. (NASDAQ:SHLD) marketing chief, Monica Woo stepped down from the company after being with the company for five months.Earlier this month, president of Sears’ home appliance businesses stepped down after a year and a half.Sears Holdings should find initial support at its 200-day moving average (MA) of $61.40 and further support at its 50-day MA of $59.23.In the last five trading sessions, the 50-day MA has climbed 4.24% while the 200-day MA has remained constant.Sears Holdings Corporation is a broadline retailer with full-line and specialty retail stores in the United States and Canada. The Company retails home appliances, as well as tools, lawn and garden products, home electronics, and other products. Sears Holdings also provides automotive repair and maintenance.

FX_Trdr