GRPN Daily Bullflag setup with upwards price targets of 15.50, 15.75, and 17.00 SL on breakdown of the bullflag
Analyzing the options chain and the chart patterns of GRPN Groupon prior to the earnings report this week, I would consider purchasing the 16usd strike price Calls with an expiration date of 2024-8-2, for a premium of approximately $2.95. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Can it keep going? Technically, yes. I see numbers up to $40. However, I'm posting this because I see this idea as far more likely to occur is some form. It looks like a potential top is about to occur. At these levels, with momentum, a drop could take price as low as $4. If not lower, down to $2. It's hard to be bullish on this stock with a chart like this. In...
If you haven`t bought GRPN before the previous earnings: Then analyzing the options chain and the chart patterns of GRPN Groupon prior to the earnings report this week, I would consider purchasing the 16usd strike price Calls with an expiration date of 2024-4-19, for a premium of approximately $4.50. If these options prove to be profitable prior to the earnings...
This is to follow up my previous idea on Groupon. On the 2H chart, price is in a one month sustained breakout from the volume profile and into the upper VWAP band lines both anchored for end of 2023. The faster green RSI line crossed the 50 about the same time and basically has not looked down. The slower RSI line has slowly risen from 55 to 65. This is in...
GRPN on the 15 minute chart here with a volume profile overlaid hada high volume area breakout from mid December to mid January but then retraced and broke down. It consolidated for one week about the POC line gained some accumulation and then moved back up again. It broke above the high volume area on January 25th then retested it with a light touch on...
Analyzing the options chain and the chart patterns of GRPN Groupon prior to the earnings report this week, I would consider purchasing the 15usd strike price Calls with an expiration date of 2023-11-10, for a premium of approximately $1.52. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward...
Groupon, Inc. Grpn is near to its selling (liquidity level) but need here confirmation to sell
As shown, deep wave 2 appears to be holding. Has not made a lower low. Expectation remains the same as shown by the fair market value.
$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... ----- — 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. ----- — 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 🥳 ----- — 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) ----- — 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....
$GRPN Target 52.47 for 23.4% Or double position at 32.57 — 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...
These are my thoughts on Groupon. They are meant to give you an idea, not trading advice. broke trend line, could still be a fake out. In time this gap will get filled. Be careful, as the market never gives you certainties, only probabilities! ALWAYS REMEMBER THIS WHEN YOU TRADE