Republishing a long trade idea on Groupon

63 0 2
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. (http://goo.gl/fNOhtI) 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.

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!
28/05/2015 12:07BST
Newcastle upon Tyne; United Kingdom.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out