sorry..here's my previous analysis
Price gapped up and hit the Centre Line as target which has 80% probability of hitting.
Too bad I missed this trade due to the holidays... : (
Price has effectively moved from the yellow channel into the green channel which abruptly halted its advance into the blue channel.
An overlay using the Action and Reaction method, gives one a preview ahead of time with regards to the potential timeframe and area for possible violent reaction to the price.
As it heads sideways towards the confluence point as...
Really like the looks of Groupon (Online Coupon) Inc., GRPN chart setup. We have a classic inverted head and shoulders with volume and indicators that confirm IH&S pattern. The chart also has two necklines, horizontal and descending. Currently GRPN is stuck in a bearish channel, which broke out a few weeks back to create the right shoulder. This breakout was met...
