GRPN bottom breakout watch

Discussion in 'Stocks' started by Stocks4life, Jan 31, 2013.

  1. coming up to the breakout and gap fill area again with a pick up in intraday buying.

    BREAKOUT WATCH for possible breakout above 5.53, no resistance in area just above.
    Type: True breakout from triple+ resistance.
    Target: 7.37, 35.7% Stop: 5, Loss: 7.9%, Profit/Loss ratio: 4.5 : 1 - Excellent

    CURRENT PRICE 5.43, at resistance or support, 5.16 ± 0.36, type triple+, strength 10

    RESISTANCE ABOVE +39.2% at 7.56 ± 0.53, type double, strength 4
    +64.8% at 8.95 ± 0.63, type single, strength 1

    [​IMG]

    source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=GRPN
     
  2. GRPN starting to edge into the upside gap