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.

5-20-2013 3-18-13 PM

RRD 20140204

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Link to this article: http://wp.me/p2bhUt-1DU

Symbol(s): RRD in @TriggerTrading, Setups

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