Above Resistance - Collective Brands | Trading Ideas

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Above Resistance - Collective Brands

Published on Wednesday, 07 December 2011 18:32 Written by Danny Miller

New York, December 7th (TradersHuddle.com) - Shares of Collective Brands, Inc. (NYSE:PSS) closed the trading session at $14.92 just above calculated resistance at $14.20 moving to what appears to be a new range, as this move will clearly raise the attention of momentum buyers.

Collective Brands, Inc. (NYSE:PSS) retails footwear and related accessories. The Company, through its various retail stores, offers a wide range of branded footwear products. Some of its brands include Stride Rite, Sperry Top-Sider, Saucony, and Keds.

Collective Brands' stock was trading in a well defined range with support at $11.38 and resistance at $14.20, given that this range was broken traders will be closely monitoring the stock

Collective Brands Posts Higher First-Quarter Profit - Benzinga
Collective Stock Hits New 52-Week High (PSS) - TheStreet.com
Collective Brands Split is Good for the Sole - Benzinga
Collective Rises On Unusually High Volume (PSS) - TheStreet.com
Wolverine Worldwide, Blum Capital and Golden Gate Capital Sign Definitive Agreement to Acquire Collective Brands - Benzinga
Collective Brands Jumps 4% on Q4 Results - Benzinga
Collective Brands Continues to Expand its Performance + Lifestyle Group Brands in International Markets - Benzinga
Collective Stock Falls On Unusually High Volume (PSS) - TheStreet.com
Collective Brands Inc. Stock Upgraded (PSS) - TheStreet.com

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