R.R. Donnelley (RRD) – Reaches Target for 9% Profit
February 4, 2014 2:56 pm
The short on R.R. Donnelley (RRD) alerted on 1/29/2014 extended a 9% gain to close out the position in just 4 short trading days. There is quite a bit of support as noted in the chart below with multiple Radars showing heavy volume consolidation when “looking left”. Additionally, a traditional 200 day simple moving average resides at ~$16.32 making this an excellent opportunity to collect the profit and move on.
Please see important risk disclosures before acting on this ALERT!
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