GPRN Breakout, Next MM $49.45 Long

Groupon, Inc.NASDAQ

Description

⋅ Dec 9, 2020 5:33 PM

This 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).