GRPN is quite far away from SMA 200. I can also see head and shoulders formation over here. If valid, profit target would be around 7.50 USD. This level was important in the past. At this level, closer to the SMA 200 I would buy the stock for a long term investment. So the short would kinda speculative for me, long at around 7.5 great entry for 1+ year investment.
Trade active
H&S active. Target aprox 7.50
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.