GRPN trade ideas
Time to get your groupon $GRPNThis bad boy is set to trigger a daily HS pattern and also break out of a longterm downtrend line.
is this a good potential trade for TF?currently hitting on the previous resistance point, so if this opens higher, it should provide a safe enough risk margin to cover this trade.
$GRPN DailySetting up beautifully for a big earnings play if they report good earnings...could be big catalyst to push this out of a long downtrend.
GRPN- Put your 2 centsPutting 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 ;)
GRPN Weekly chartshow 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
GRPN- Monday Penny Stock ?Do you trade penny stocks? (< $5.00). This GRPN stock has not been in business too long with a high of $28 and hitting multiple lows of now $3.40.
Strange that last week, GRPN made a complete up and down cycle from $3.38 to $3.66= .28 cents. To make real money with this kind of stock, you would have to intra-day, day trade and buy a large amounts of PUT options and/or shares of stock. Example: with a 1000 shares or 10 PUT contracts, you could risk a little and make around $300 (if you did an straddle, strangle or covered call). Fundamentals are bad, but technical's on chart appears bullish, at this time
Some technical's:
This is valid for Monday or 5/15/17
RSI is below 50, but going up now
Per chart: On chart bearish Elliot impulse wave (12345) is over
$3.50 is 1st Resistance on chart
* Big question is YOU need to pick stock selections by a stock screener and with stocks under $5.00, really need to dig deep and answer those: what, why, where, how and who questions, before trading or investing in them. Just make sure that you make a plan and trade your plan. Cut your losses quickly.
$GRPN On Bullish Pullback After Earnings BeatI just added Groupon Inc (NASDAQ:GRPN) to my portfolio based on a beautiful consolidation pull back which is extremely bullish after the company reported fantastic earnings. Essentially, the stock is trading at a pre-earnings share price even after reporting great results. The stock has 20% upside easily in the coming weeks. I bought at $3.93.
Bullish chart retrace signals investor buy on Groupon Inc
Gap Fill Offers Big Buying Opportunity For Investors On $GRPNA major buying opportunity is approaching on shares of Groupon Inc (NASDAQ:GRPN). Just 3 weeks ago, Groupon reported fantastic earnings as the stock jumped 25%. Since then, price has faded as weak handed investors took profits and got bored of holding onto shares. This is where smart investors start to scope out a buying opportunity. The clear entry price is the gap fill (a technical term). Gap fill is the level Groupon traded at prior to reporting earnings, before jumping 25%. The price is $3.75. This will be major support and a smart investor is able to buy at the price where Groupon was trading, prior to telling the world of their fantastic earnings results.
Stock market investors look to buy shares of Groupon Inc
Groupon $GRPN has moved on last 5 earnings reports$GRPN reports February 9th and currently analysts expect a loss of 2 cents for the quarter.
It is useful to see what the stock has done in the last 5 quarters: There were 2 rallies and 3 drops. Each was quite violent.
Groupon is not "cash flow positive" but given that online sales may have been much stronger than "bricks-and-mortar" (like $KSS, $M, $JWN, etc), you can look at this stock as a "lottery ticket". It might either be worth a ton more or a ton less when they report very soon.
I'm going to take a flyer on a rally, just a tiny position, but I think it's worth it.
ADVICE: Do not trade beyond your means. Trade with your head. One way to look at it is to risk only the amount of funds that you would spend on an evening out seeing a show & going to dinner. Another way is to use 5% of your booked profits for the year so far. How do you manage overall risk? Use options. If you need to learn how to use options, there are a ton of videos available online.
Cheers.
Tim
10:23AM EST January 26, 2017 $3.48 last $GRPN
GRPN Back-Testing Previous Trend?GRPN seems to have poked past it's previous 8mo trend and may have just recently confirmed it won't be returning?
Watching to see if it will dip down to $3.00, or lower.
GRPN - EXPECTING MORE UPSIDE FOR GROUPONAfter the breakout on long term downward trendline Groupon is in uptrend. More upside expected.
Stocks Set to Soar Groupon | 2 Week Chart | Upside 100%NASDAQ:GRPN
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GRPN Breaks Free?Possible new bullish trend from GRPN26.46% . If it breaks past the ascending triangle I think this is a good hold position until around the $8 mark where it could encounter some more resistance.
$GRPN WeekleyNeed to keep an eye on GRPN as it may be changing trend for good on the weekely. Would like to go long around 4.80s if it pulls back.
GROUPON INC POTENTIAL OF GROWTHAfter formation of local longing trend there is third attepmt of the price to breakout the monthly (red bold) inclined line of resistance.
Moreover there is a price gap whitch is a good long-signal.
Also you can see inclined channel-flag with opportunity to be broken out.
Recommendation is to buy.
Entry point 4.00 (after proving breakout of the flag's bottom line)
Stop loss 3.40 (-1 tic under current fractal low price)
the 1st target price 5.00
the 2nd target price 7.00 (according to levels of resistance)
total risk/return ratio 1:5
Groupon inc.Demand zone highlighted in yellow. Buy on a pullback to this zone.
Entry: $3.30
Stop Loss: $3.17
Target 1: $3.50
