Today we will analyze the stock Office Depot (ODP) for internet stock trading in the NYSE stock market,
Stock Technical indicators to notice in Office Depot (ODP)
1- Last bullish trend was from 4.88 $ (2/25/2014) to 5.03 $ (2/27/2014) a 0.15 $ move 2- The current bearish trend started from 5.03 $ at 2/27/2014 and is currently trading at 4.61 $.
3- According to ADX Indicator, the trend is currently bearish, which is getting stronger.
Office Depot (ODP) Short term stock chart patterns for internet stock trading :

4- The Stock formed a 0.570 $ height triangle which was broken up at 4.930, target of the pattern is 5.500 which was broken down at 4.910, target of the pattern is 4.340.
Office Depot (ODP) Mid term stock chart patterns for internet stock trading :

5- The Stock formed Double Bottom Pattern at 4.780 that failed and formed a resistance.
6- The Stock was supported by a support line, identified by two points: 4.780 and 4.770 that was broken down at 4.630 transforming into a resistance line.
Office Depot (ODP) Long term stock chart patterns for internet stock trading :

7- The Stock was resisted by a resistance line, identified by two points: 5.350 and 5.620, and is currently resisting at 5.310.

Stock Trading Conclusion:
Office Depot (ODP) was trading in a bearish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 4.71, 4.77, 4.80, 4.82, 4.87, 4.94, 5.03, 5.31, 5.50.
Stock Support levels : 4.34,.