GROUPON INC NASDAQ:​GRPN

5 dollar mark comes after a day of exceptional volume, approaching a descending trendline, nearing the 200 SMA and at a round number. Exhaustion will occur today - short at 5 bucks and cover at 4.5 before the bulls try again. Simple is good.

the formation of the H&S strengthens my theory of heading back to trend line. I expect price to touch the resistance one more time before busting through. Won't be for a few years though.

See notes on chart. MACD just crossed north, Stoch RSI just exited oversold, first prev support (could've turned to resistance) broken easily, next possibly resistance around $4.57 Confluence between prev support, .238 fib line & entry point of Ichi cloud.

Went long on $GRPN 's dump today. RSI dropped below 35 for the first time since June just before a nice run up. Largest buy volume since fomo hit back at that same time during the increase. Tested and found support on a previous level (green arrows). Expecting to see a double bottom tomorrow (Thursday), after some fomo buy up occurs, before continuing north.

Long 2 ~5.60 via Feb 5.00 calls

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Sell the highs, buy the back support test. Doji, Hammer combo!!

Green Arrow = Buy Red Arrow = Sell

GRPN supported by the 20-day moving average, trending higher

$GRPN seems to be setting up for a big move to the upside. We have a potential inverse H&S forming along with a bull flag.

GRPN needs to cover the gap up and higher up after the earnings.. but the business model isnt sound and the company is loosing money. so eventually it has to come down to the all time low.

This bad boy is set to trigger a daily HS pattern and also break out of a longterm downtrend line.

i like what i see

Groupon is a small company, but they sure are making conversation about themselves with their product. Room here for a buyout in the future, or we could see continued increased sales and customer connections over time. Price wise I do not see it going much lower in the near future, lots of support in this area and we could see a turn-around soon. Groupon ...

currently hitting on the previous resistance point, so if this opens higher, it should provide a safe enough risk margin to cover this trade.

Setting up beautifully for a big earnings play if they report good earnings...could be big catalyst to push this out of a long downtrend.

Putting my 2 cents on this all time bad performing company. Have a feeling , its time for some profits in here. Low risk trade is no harm ;)

show me something Groupon - I like the news about targeting small businesses as opposed to individuals... keep it going and I think this stock could have great upside... If groupon starts looking into incorporating blockchain teck then I am in