Office Depot, Inc.


My trade setup for Office Depot, Inc. (Public, NYSE:ODP) . I am going to wait for a hit of the Demand zone with a limit to buy order at $3.89. Once in the trade I am looking for a profit target of $4.98 just below Office Depot $5.00 Supply zone. This will be a swing trade once entered.
Office Depot, Inc., together with its subsidiaries, supplies a range of office products and services.

Chart is courtesy of TradeStation.

UPDATE: 11:37 est. This trade did not trigger and I did not chase it. Lesson learned on a prior big drop day I need to be on the ball to get in early with a close cover.


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