Bought OLLI today at 29.45 a few minutes after the open based on continuation thru yesterdays high of 29.35. Below is the updated chart. From here, taking note of a few key levels. Targeting around 31.55 to take profits. Will consider buying more if OLLI dips down to about 28.50. Going to cut my losses if it breaks beneath recent lows around 27.75. But I do like that recent support was found at the same level as resistance from late October. I believe it will find support at that level if it pulls back again and this could be the next move up for the stock.
- 1/17/17- Sold OLLI @ 31.55 for +7.1%