Pdunuwila
Long

GrubHub

NYSE:GRUB   GRUBHUB INC
17 0 1
Demand zone highlighted in yellow on daily chart . Zone is at former resistance which should give this level further support. Typically when a resistance level is broken it tends to act as support level . Setup offers pretty good Risk vs Reward here in my opinion.

Entry: $40.00
Stop Loss: $39.28
Target 1: $41.45 (Take half off and raise stop to break-even)
Target 2: $45


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