GPRN Breakout, Next MM $49.45This sequence trade idea of the previous post mentioned in the related idea. It has a U shape (rather C&H) recovery from bottom 19.3 and its break resistance 34.34. As per calculation next resistance is 49.45 (34.41 + 19.37).Longby fqalogtraderPublished 2
GRPN - long forgotten reopening play for 2021?GRPN has been in the poop-zone for years. Marginally EBITDA profitable and trading for slightly more than cash on hand, it seems to have found a bottom. But what's different this time around is the re-opening play. With prospects of new restaurants and/or re-openings commensurate with deal-hungry consumers, this could create an environment where we see Groupon come back from the dead and make another go for it during 2021. We are once again bumping into the long term downtrend channel. Weekly charts are starting to turn upward. Needs to clear this 30-40 zone for a confirmed break, but I could see this trading 100-150 during 2021 no problem.Longby tacosaurusPublished 220
GPRN C&HGPRN looks like it's forming cup or u shape recover which could be taken to possible 34 targets from here. Longby fqalogtraderPublished 0
Be ready for another bold move!Since March, GRPN reached this support level 3 times, in the last 2, it was followed by a 267% and 138% bullish rally! keep it on your watch list for another possible bold move!Longby MoshkelgoshaUpdated 444
Groupon, bottom?Started accumulating awfully cheap leap calls 25 strike going out a monthish. This chart is what traders are talking about when they refer to managing risk. Imho with the holidays coming, as well as other fundamentals, this 21 area may be a good place to start a long position. Do your dd. Looks like hedge funds seem to agree by SwissVegaPhylePublished 221
GRPN MANAGE RISK. One to watch if support holds. GRPN could be a high payoff reward if managed correctly. As shown this chart has looked similarly in the past couple months. by tnabors23Updated 224
Groupon shot set up8/26 was reversal bear bar with long shade and the high touched the bull trend channel line. Also, 8/26 high is close to 7/8 high. put the short stop entry right below 8/26 low and stop loss is right above 8/26 high.Shortby DeerForexPublished 0
Strong close! Watch for continuations up to res levels!#tradeidea Tight SLLongby SwingingForwardPublished 1
grouponNOT TRADING ADVICE MARKET NEVER GIVES CERTAINTIES, ONLY PROBABILITIES. Groupon might found the bottom here.Longby AXLPUpdated 5
$GRPN Conveniently Moves Up into the Firing LineGRPN is a great example of a company with literally no viable path forward still somehow getting attention from retail traders. The gap higher on awful -- but beat-the-number -- EPS provides another solid short entry as it spirals toward eventual oblivion.by GregFolinPublished 6
Narrower-Than-Estimated Loss + tops revenue estimateNarrower-Than-Estimated Loss and a revenue figure that was more than double the analysts' estimate. GAAP net loss of $2.53 a share, widened from $1.42 a share in the year-earlier quarter. Revenue declined 26% to $395.6 million from $532.6 million. A survey of analysts by FactSet produced consensus estimates of a net loss of $4.14 a share on revenue of $183 million. the company has cut substantial costs. the company reached adjusted earnings before interest, taxes, depreciation and amortization faster than it had expected. That figure was $1 million for the second quarter. Company surpassed Street estimates by a wide margin. Though its sales and earnings declined year-over-year, cost-savings measures boosted its bottom line. The company is also planning to start the second round of layoffs in August to reduce its expenses. In April, Groupon said it was planning to furlough about 44% of its total workforce by July 2021. www.barrons.com finance.yahoo.com www.thestreet.com by AlenCikenPublished 0
Groupon stock TA Daily candleHello all, Here another TA of me, this time on the stock Groupon. If we take a good look to the chart, we can see the price is trying to break the uptrend. We do see the price is broken the downside of the uptrand channel and has tested this downside line once. What will it do? Anything is possible. Most likely in my opinion is that the price of Groupon is going further down. There are 2 areas where i see the price can go to. As mostly always price dont go down or up in one straigth line, so we will have to see for the next days what this stock will do. The line in red is very steep, most likely he will break that small downtrend by testing the downside of the channel. This won't mean right away the bears are gone. It is still possible to make a new lower high even after this steep line is broken. Be careful if you want to step in right now, i do think there is a good chance for lower price levels to get into this stock, if you want to add it to your long term portofolio. Before you choose to buy and hold a stock, always do your homework on the fundamentals. TA can help you by choosing a good moment and price to buy the stock. This is just my view and opinion and in the end you always decide for yourself . Don't ever go blind on someone else his vision, create one for your self! Have fun and good luck trading. :)Shortby JohanRDPublished 6
GROUPON - lesson :-)Just want to point this out, to show you the importance of placing a stop loss on your trade. As shown on the chart, Groupon had a false breakout (yellow circle) what, after the retest of the pattern, led to a 15% drop in one day. This can happen at any chart and is very painful without a stop loss. This said, I'm getting the feeling that Groupon is now trying to climb back up, and since the FED keeps printing, it might even do so, and possibly even fill that gap. Who knows, it's a risky stock in these times, so if you trade this, be careful, place your stop loss :-) I would wait to see what the new week will bring on this chart, to get a feel of its strength. I will do an update on moonday, I mean monday ;-) "These are my thoughts on Groupon. They are meant to give you an idea, not trading advice." Longby AXLPUpdated 2
GRPN - Not My Fav Stock 2 Trade But...GRPN ENTRY = 20 - 21.50 1st Target = 25 2nd Target = 30 HODL Target = 36 This content is for informational and educational purposes only. This is not in any way, shape or form financial or trading advice. Good luck, happy trading and stay chill, 2degreez ____________________________________________ This content is for informational and educational purposes only. This is not in any way, shape or form financial or trading advice. Good luck, happy trading and stay chill, 2degreez Longby UnknownUnicorn7216011Published 6
GRPN looks ready to popnice little ascending triangle formation... And the company has a reason to pop: as new restaurants pop up to replace failed ones, they are in an interesting position to have a bit of a resurgence. Plenty of corporate cash to invest as necessary. Could their be some groupon-delivery-with-uber-eats for the restaurant of the future?Longby tacosaurusUpdated 4
GRPN AnalysisBullish Trend Line + 3 Inside Up + EMA Cross Price Target: 2.03 Options Trade: 7/17 2.5cLongby itsCblastPublished 115
Groupon: $1.50 Short Price Target PotentialFirst off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, I think realistically Groupon could be on a bullish retracement curve pattern-wise and for the next wave could at least expect to hit or maybe even pass that $1.50 threshold. It is one of those stocks that seem to be undervalued in its digital space and rightfully so. When things start opening back up as well, the supply and demand curve should start surging.Shortby gamer456148Published 6
Trying to Understand My Analysis Mistake for $GRPNGetting frustrated with myself a little bit. I dumped NASDAQ:GRPN on Monday because I saw these two hidden Bearish Divergences on the dailys. This was also when it was testing the 50 SMA resistance and I also noticed consolidation on the boiler bands so I assumed that the resistance would hold and price would go down. For two days now the price has shot up, broken the 50 SMA resistance and broken through the boiler band consolidation. If I held long I could gave gained by now +24% more in profits which I lost out on. Does anyone see anything wrong with my analysis? I have only been doing this a month.by jdm69Updated 333
$GRPN - Bullish or Bearish?- Conflicting Signals from IndicatorNASDAQ:GRPN We are still showing the same hidden bearish divergence from my analysis of $GRPN last night (Apr 26). RSI:HH Price: LH, but the price made a +12% increase today and candlestick stayed comfortably above the 50 SMA daily resistance. Seems to be conflicting-any ideas? Would appreciate any constructive criticism of my TA. by jdm69Published 6
Groupon Undervalued? I Think SoAll, I think Groupon will recover at least x2 what it is now. First to 1.48, if it can break and hold then to around 2.15. I would short it at right about 2.05-2.15 and buy back in once it hits its support and confirms it. Could be good though. Ill update later.Longby DigitalDataUpdated 5
$GRPN Possible Hidden BEARISH divergence as Price test 50 SMANASDAQ:GRPN Look at this possible Groupon $GRPN hidden Bearish divergence as the price test the 50 SMA. RSI makes as higher high and the price makes a lower low. Indication that price has reached its max and will decrease in the near future. What does everyone else think? *Not financial advise as this is my first post ever* Longby jdm69Published 3