Office Depot (ODP) NewsBite - ODP Covered In Lee Allen Report Today

Posted: Thursday, February 12, 2009 11:05 AM EDT

Office Depot (ODP) was covered in a Lee Allen Report today and the stock is now at $1.65, down $0.06 (-3.51%) on volume of 1,742,306 shares traded. To see the report go to http://www.iotogo.com/la021209 . Over the last 52 weeks the stock has ranged from a low of $1.45 to a high of $14.83. Office Depot stock has been showing support around $1.62 and resistance in the $1.78 range. Technical indicators for the stock are bullish and S&P gives ODP a positive 4 STARS (out of 5) buy ranking. We will just watch this one for now. There are no hedged trades we like the look of for ODP. [ABR-Seven Summits Strategic Investments NewsBite]

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