GRPN bottom breakout watch

Discussion in 'Stocks' started by Stocks4life, Jan 8, 2013.

  1. 3rd test of the large resistance gap, breakout watch and gap entry above 5.58

    BREAKOUT WATCH for possible breakout above 5.58, no resistance in area just above.
    Type: True breakout from double resistance.
    Target: 7.36, 38.9% Stop: 4.83, Loss: 8.9%, Profit/Loss ratio: 4.4 : 1 - Excellent

    CURRENT PRICE 5.3, at resistance, 5.21 ± 0.38, type double, strength 8

    RESISTANCE ABOVE +42.5% at 7.55 ± 0.54, type double, strength 7

    [​IMG]

    source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=GRPN