GRPN trade ideas
GRPN. Technical notificationStaging advance based on technicals associated with move. Stochastics break followed by increase in obv (daily). Note lower volume on down day subsequent to stochastic break. Dec 16-18 will tell the story for this issue. Likelyhood of breakout notwithstanding negative news. good luck. Dec 18 9ESTime 10.98 current price. Looking out to 11.50 next resist. Good luck Dec19 am. 11.60 goal reached. Mid to long term continue to hold. Watch 3 hour RSI, DMI, OBV for exit strategy. Good luck
GRPN strengthregained 9.00, strong close, broke up consolidation - may attract some buyers. Expect continuation.
Update: closed at target 10.37 in 2 days
Ruby On Groupon / $GRPN / #tradingviewRuby. Was happy to hear from a trader friend who is looking into the name on earnings. After charting a couple of ideas, I am simply on alert and so is Ruby. Chart your plan; always chart your plan. Find me and so many wonderful people on www.ChartChatConnect.com also on twitter @BeautyBubble and of course our beloved TradingView.com.
grpnthis stock is oversold in the weekly chart and improving rsi with hammer candle on nice vol
looking for big gains here
1st target 11.23$
GL
BIG PITCHFORK CONTROLLING PRICESNice validation on the big pitchfork.
Price will be attracted back to the median line again.
Cup and Handle on GRPNLonger term cup and handle here I think. Handle is forming now. I'd buy at these levels or wait for the break out from the handle at just over $12. Stop loss at $8.50.
GROUPON : GAP UP ON TARGETsorry..here's my previous analysis
Price gapped up and hit the Centre Line as target which has 80% probability of hitting.
Too bad I missed this trade due to the holidays... : (
GROUPON : HEADING TOWARDS POSSIBLE STRONG UPWARD THRUSTPrice has effectively moved from the yellow channel into the green channel which abruptly halted its advance into the blue channel.
An overlay using the Action and Reaction method, gives one a preview ahead of time with regards to the potential timeframe and area for possible violent reaction to the price.
As it heads sideways towards the confluence point as indicated by the text in red box with caveat that it remains within the green channel, we can expect onslaught of buying orders to push the price up towards the Centre Line.
If it breaks the green channel into the yellow channel, it will face with onslaught of many sell orders pushing down to the lower trendline of the yellow channel.
