1-Month Relative Strength: 35.72%
Nearest Resistance: $77.50Nearest Support: $72.50 That brings us over to Whirlpool (WHR - Get Report), a stock whose fate just happens to be intertwined with that of Sears. Around 20% of Whirlpool's sales come from Sears' stores, so it's no big surprise that WHR dropped like a rock when Sears posted news about store closings -- or that it rallied back with the firm following its turnaround announcement. Like Sears, Whirlpool is consolidating just under resistance right now, in this case at the $77.50 level. The trading implications are effectively the same in both stocks right now; traders should consider a push above $77.50 resistance a buy signal. Whirlpool, another of the top S&P 500 gainers of the year so far, was one of 19 S&P 500 Laggards That Could Be Leaders in 2012.
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