$GRPN Analysis & Key Levels
Ok, @vikita2481, so right now support is at 18.54 so if you plan on adding THAT would be where and not any sooner.
So, two things to watch for. First you want to see GRPN break and hold above the 35 EMA (The big red line in the middle) I put a bunch of green arrows going back over the past few years to show where it crosses above...
$GRPN Target 45.34 for 28.12%
Or next add at 25.44
Next support is at 18.54 (Double)
HA... GRPN just knockin' down all kinds of supports. So funny to me when this happens on good earnings...
Should swing well from here...
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target...
$GRPN Target 47.21 for 26.70%
Or next add at 29.79
Well damn, groupon... if that's the way it's gonna be then I'm just going to add here.
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
ONLY ADD at support levels & FIB levels… labeled
I start every...
$GRPN Target 49.06 for 25.44%
Or next add at 34.94
No add, just cheering 🥳
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
ONLY ADD at support levels & FIB levels… labeled
I start every position with .5 - 1% of my account and build from there as needed...
$GRPN Target 49.06 for 25.44%
Or next add at 30.17 (6 month low)
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
ONLY ADD at support levels & FIB levels…
I start every position with .5 - 1% of my account and build from there as needed and as possible....
Groupon, Inc
Entry GRPN@ $35 Target@ $500 July 9,2030 Long Term
Entry GRPN@ $30 Target@ $300 Dec 27,2027 Short Term
Entry GRPN@ $25 Target@ $100 July 9,2026 Short Term
Technical Chart Analysis Conditions:
1. Break-out of Channel $65
2. Pull-back towards $25
3. Ideal entry $25 to $40
4. Target $100 too $1,000
5. Net Profits Recovery Positive.
Fundamental...
$GRPN Target 52.47 for 23.4%
Or double position at 32.57
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
I start every position with 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before...
This is only a show case, that a general buy and hold strategy for an "hype" stock (today meme stock) can end longterm in a desaster.
Please see how deep the stock fall and will never ever go back 500$ in my lifetime. (Even with inflation...)
Whether GRPN goes on to have it's best year, worst year, or just hovers around expectations, $48-$49 confirms path for all of these results.
First - Just some fundamentals that match up with technicals:
-Currently, the market is factoring in an upcoming earnings EPS equal to pre-covid (November 2019) numbers of roughly -$0.60.
-The yearly EPS for 2019 was...
Ascending Triangle, confirmed and 100% FILLED
Pros:
Descending volume during formation
Volume at break out
Golden cross in blue
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 9
250RSI above 50
200MA ascending
Target:
PT = 61.13$, filled 100%
1000 Followers! Thank you all!
Thank you to those who donate Coins!
Stay Humble, have...
Groupon has developed an interesting setup after the release of good financials.
From Ichimoku's point of view, the value has broken through the cloud upwards in the weekly chart.
In the daily chart, the share reaches new highs under high volume.
For the active traders looking at the next few days, this can be an interesting setup.
Good trades!
Groupon, Inc. operates as a global scaled two-sided marketplace that connects consumers to merchants. It operates through the North America and International segments. The company was founded by Andrew D. Mason, Eric Paul Lefkofsky, and Bradley A. Keywell in 2008 and is headquartered in Chicago, IL.
NASDAQ
