TARGET 1 Price: 3.29 Profit: 10.4% TARGET 1 Price: 3.29 Profit: 10.4%
Stop/Trailing Stop: 2.86 Loss: 4%
0R1H trade ideas
Republishing a long trade idea on GrouponFUNDAMENTAL:
Today, Groupon’s business is growing like gangbusters. Groupon is truly a global enterprise. It has well beyond 10,000 global employees, operates in over 1,000 cities, and reaches more than 53 million customers. (goo.gl) And this reach and rate of expansion would not have been possible without Groupon’s commitment to delivering a seamless user experience via the smartphone.
Currently, Groupon’s mobile app is one of the Top 25 most downloaded free apps of all time, with 110 million downloads in total. And this past June marked an important milestone for the company’s mobile strategy. That is, mobile transactions hit an all-time company high, with more than half of all global transactions done on a mobile device.
Groupon’s commitment to its mobile strategy has allowed it to reach 200 million subscribers worldwide and more than 52 million active customers. Also, Groupon’s commitment to strategic acquisitions is proving to be a real growth driver as well. The company made seven acquisitions in 2013 and another four so far this year. Most recently, it acquired a Korean e-commerce company called Ticket Monster and a New York-based fashion web-retailer, called Ideeli. Both acquisitions will help Groupon expand its reach globally and into specific industry markets, such as fashion.
TECHNICAL:
Trend-line rejection, 0.786 fib retracement; RRR=3.3.
Take a portion of profit at 0.618 FIB level and bring the Stop loss level to B.E. the rest upon test of upper trend-line. Hope this idea prosper some of you.
Happy trading!
Hamed
28/05/2015 12:07BST
Newcastle upon Tyne; United Kingdom.
Continuing upward trend30 minute chart. Experimenting with a couple indicators I'm not too familiar with yet.
The Aroon down has just started pointing downwards and the smoothed Williams %R (just the normal %R with an 7 tick EMA applied to it) looks ready to climb out of the over-sold area.
The closest resistance and support lines are shown (8.35 and 8.13) and short term trend line in blue.
GRPN Setting Up To Run Higher Triple top, and a pullback into support. Now waiting for breakout of 7.25
GRPNPattern : Symmetrical Triangle .
Target : 9
Resistant : 7.15 , 7.73
Support : 6.09
Stop Loss : 5.46
Groupon Inc GRPN - Daily - Washed Out ahead of earningsI published this chart yesterday, but it is linked to the SPY. So I am republishing it.
Earnings are out in 7 days, so keep that in mind. Unless you can handle the big GAP moves that GRPN has on earnings days, then stay out. You can see how HUGE the moves are on earnings days.
Cheers.
Tim 2:47PM EST 7/29/2014 6.32 last -0.07
GRPN BULLISH MONTHLY PATTERNHuge volume and support above $5. I think investors are loading up for a bigger rebound in the second half of this year
GRPN Bullish Trend Continues Last week, I spotted a bullish trend in GRPN and predicted a break above $6.50 = Confirmed
This week, l'm looking for a test between the support and resistance lines
$GRPN tight range I can see the go upwards in a side ways fashion, stuck in this channel until good news rumors or tweets, will be playing JUL 7.00 calls only
GRPNA bit of relief could come but not too long- a true reversal would likely take place much lower. I do not think- at this point- the gap will be filled soon.
