This stock can give a good profitA wedge formed on the weekly timeframe. At the moment, the price has broken through its upper limit and is ready to go higher. Growth can be quite good.
ODP
ODP recoveryODP has been an instrument for speculation for a while and shown its liquidity is good enough to keep the box stores open. We should see a TP of 6 dollars with in the next year and 14 dollars with in 2 if all goes well in 3 years it will be pushing its res from 2008, we could speculate to the 60 dollar range.
Office Depot opportunityOffice Depot (ODP) opportunity:
Stochastic rebound at level 20.
Doji formed on 2018-09-13.
Stock strenght is good.
My suggestion is a buy stop at 3.23 and follow the trade untill stochastic goes in overbought area.
Office Depot opportunityOffice Depot opportunity:
Stochastic rebound at level 20.
Doji formed on 2018-09-13.
Stock strenght is good.
My suggestion is a buy stop at 3.23 and follow the trade untill stochastic goes in overbought area.
