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Long

GRPN. Technical notification

NASDAQ:GRPN   GROUPON INC
126 0 0
Staging 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
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