ODP Profit Target Hit

The ODP (Office Depot Inc) short trade hit T1, which was the sole profit target, for a 12.4% gain on April 16th. Typically I try to post asap when an active trade reaches a profit target but in updating the trade ideas today, I realized that the final update had not been sent out on [...]

May 20, 2014 12:45pm|Categories: Completed Trades - Short|Tags: |Comments Off on ODP Profit Target Hit

ODP Short Trade Setup

ODP daily March 19th ODP (Office Depot Inc) will trigger a short entry on any intraday break below the 4.45 support level. ODP recently broke down below a symmetrical triangle pattern, bounced off the horizontal support level just below the pattern, and has been backtesting the triangle from below since. If the current [...]

Mar 19, 2014 2:40pm|Categories: Completed Trades - Short|Tags: |Comments Off on ODP Short Trade Setup