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GRPN

GRPN, THE LITTLE COUPON APP THAT COULD (EARNINGS CHART)Can it keep going? Technically, yes. I see numbers up to $40. However, I'm posting this because I see this idea as far more likely to occur is some form. It looks like a potential top is about to occur. At these levels, with momentum, a drop could take price as low as $4. If not lower, down to $2. It's hard to be bullish on this stock with a chart like this. In other words, I'm saying, I don't know if there is more upside, and if there is, I'm okay with missing it because I'd rather not be wrong and ultimately lose money on the downside. Mostly a question of risk vs reward. I would ultimately be bearish overall. I think the pink zone might see a top and I think we could see trends break all the way down to the blue zone. Current pattern is highlighted.
NASDAQ:GRPNShort
by nicktussing77
GRPN on a one month breakout LONGThis is to follow up my previous idea on Groupon. On the 2H chart, price is in a one month sustained breakout from the volume profile and into the upper VWAP band lines both anchored for end of 2023. The faster green RSI line crossed the 50 about the same time and basically has not looked down. The slower RSI line has slowly risen from 55 to 65. This is in the consumer discretionary sector and hot necessarily hinged to technology stocks. I see this as rock-solid as it gets. I will load more shares now and also load more ona dip There was a big earnings miss in November and then Goldman Sachs raised its target from 5 to 7.5 which seems like a big adjustment after an earnings miss. I suppose GS knows their stuff.
NASDAQ:GRPNLong
by AwesomeAvani
Groupon is pushing into earnings LONGGRPN on the 15 minute chart here with a volume profile overlaid hada high volume area breakout from mid December to mid January but then retraced and broke down. It consolidated for one week about the POC line gained some accumulation and then moved back up again. It broke above the high volume area on January 25th then retested it with a light touch on Feb 5th getting support in the rejection. The relative volume has picked up consistent with Wychoff theory ( this is not a fakeout). I see this as an excellent long trade through the upcomng earnings. The dual time frame RSI indicator can be useful to gauge strength minute by minute and so pinpoint entries and exits.
NASDAQ:GRPNLong
by AwesomeAvani
1
$GRPN Analysis & Key Levels - REQUESTED - I hold no position. $GRPN Analysis & Key Levels Ok, @vikita2481, so right now support is at 18.54 so if you plan on adding THAT would be where and not any sooner. So, two things to watch for. First you want to see GRPN break and hold above the 35 EMA (The big red line in the middle) I put a bunch of green arrows going back over the past few years to show where it crosses above the 35EMA. Second, I would watch on the MacD for the MacD (blue) to cross above the centerline (0) and then the signal as confirmation. If you have a position now and want to hold then just hold and maybe add more when GRPN crosses back up above the 35 EMA… and if it breaks and holds above the 180 EMA add a little more… Right now this is bearish on the Daily and the weekly but I have set an alert for the break into bullish territory again and will update when that happens. ---------- I did have a position here but I cut my losses because I moved brokerages and didn't have time to wait... ————— I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Red = Resistance Green = Support Blue = trendlines Have fun, y’all!!
NASDAQ:GRPN
by SPYder_QQQueen_Trading
1
Added to $GRPN New Target 45.34 for 28.12% $GRPN Target 45.34 for 28.12% Or next add at 25.44 Next support is at 18.54 (Double) HA... GRPN just knockin' down all kinds of supports. So funny to me when this happens on good earnings... Should swing well from here... ----- — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. ONLY ADD at support levels & FIB levels… labeled I start every position with .5 - 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading.
NASDAQ:GRPNLong
by SPYder_QQQueen_Trading
1
ADDED $GRPN Target 47.21 for 26.70% $GRPN Target 47.21 for 26.70% Or next add at 29.79 Well damn, groupon... if that's the way it's gonna be then I'm just going to add here. ----- — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. ONLY ADD at support levels & FIB levels… labeled I start every position with .5 - 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading.
NASDAQ:GRPNLong
by SPYder_QQQueen_Trading
$GRPN Target 49.06 for 25.44% $GRPN Target 49.06 for 25.44% Or next add at 34.94 No add, just cheering 🥳 ----- — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. ONLY ADD at support levels & FIB levels… labeled I start every position with .5 - 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading.
NASDAQ:GRPNLong
by SPYder_QQQueen_Trading
$GRPN Target 49.06 for 25.44% $GRPN Target 49.06 for 25.44% Or next add at 30.17 (6 month low) ----- — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. ONLY ADD at support levels & FIB levels… I start every position with .5 - 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading.
NASDAQ:GRPNLong
by SPYder_QQQueen_Trading
NEW POSITION $GRPN Target 52.47 for 23.4% $GRPN Target 52.47 for 23.4% Or double position at 32.57 — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every position with 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading.
NASDAQ:GRPNLong
by SPYder_QQQueen_Trading
GRPN - Good, Bad, or Ugly, $48 Just Makes SenseWhether GRPN goes on to have it's best year, worst year, or just hovers around expectations, $48-$49 confirms path for all of these results. First - Just some fundamentals that match up with technicals: -Currently, the market is factoring in an upcoming earnings EPS equal to pre-covid (November 2019) numbers of roughly -$0.60. -The yearly EPS for 2019 was $0.30 and the estimated EPS for GRPN in 2021 is $0.33. A year in which GRPN traded from the range of $78 to $47. In saying this, the share price can move freely between this range depending on which way the technicals push price action - without getting over extended from this range. -In GRPN's best year, it traded with an EPS of $0.40 at a P/E of 255 ($102 price target) If technicals indicate a move up, demand will be there to confirm the move due to the current sentiment of a positive financial year. If the technicals show a push to the downside there also shouldn't be much resistance to supply due to the uncertainty GRPN has moving forward. Chart posted above shows an anticipated breakdown to $48-$49 due to a confirmation of a diamond top formation. Below further explains the bottom price target. Now lets look more into this move. (with anticipated low $48 used as the 0.00 FIB) A pullback to the $48-$49 range; allows a fill of the gap up, reach of lower trendline support, and sets a good bottom FIB number to keep from getting too extended out of the current trendline. All within the same move. Also this allows for a test of the upper mid-line channel of previous overhead trends. Furthermore, if GRPN goes on the have year where they meet expectations, market makers can move price through the trend without shaking out too many investors (keeping price action within upward trend). While still reaching the EPS based price target by end of year ($78). If, GRPN goes on the have their best year: (with cup and handle extension drawn) The pullback to $48-$49 confirms retracement to the 1.272 FIB level of the cup and handle as support (would indicate to investors a strong potential for upside), while also holding the lower trendline as support. If they have a bad year, its going down to $48 anyways.
NASDAQ:GRPNShort
by rickhubbard10
Groupon (GRPN) Could it catch a bid?Groupon has been a slow bleeding bastard for the past few years. It appears that GRPN is putting in a base. It is kind of sort of showing signs of breaking out. If breakout actually happens - we should see some exciting price action. It feels like a decaying company but brand name alone is well known and folks still use it. Seems to me that it would be a great candidate for a buyout by a larger company. Maybe DoorDash? Maybe Etsy? Keep a close eye on this one.
NASDAQ:GRPNLong
by bossmodetrader
1