Reallifetrading
Long

ODP Day Trade (Brad Reed Dec11,2014)

NASDAQ:ODP   OFFICE DEPOT INC
ODP             - Expect open at 7.37 for a retest gap. To learn to trade this strategy for free go to www.RealLifeTrading.com
Inzan1ty PRO
2 years ago
Hi Brad!

How much concern does the 7.80-ish resistance give you? It's supply back from 2009 and 2011. There is ~$.40 to run if I treat it as strong S&R, but it makes the RR not very good. This is Zane Whitener from class btw. Thx!

Entry 7.60
Targets 8.24, 8.45 (2R), 8.95
Stop 7.16 (below wick)
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Inzan1ty PRO Inzan1ty
2 years ago
7.46 looks like the better entry looking at the 15m and EMAs. That tighter entry really fixed my trade setup and RR.
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Reallifetrading PRO Inzan1ty
2 years ago
YEp. This was a good retest. DId you play it?
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