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Feb 13, 2017 11:11 PM

$GRUB - Grubhub Inc - Possible long 

Description

Looking at a long position in GRUB from $36 which coincides with the 200MA. I will only enter subject to the price action and volume at that price. I want to see some rejection from $36 with decent volume.

Price is oversold on the RSI and Stoch. Price has dipped since earnings but IMO still has strong fundamentals behind it.

Target $44.

One to keep an eye on.

Comment

In at $36.

Comment

Stop at $33
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