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Learn to Evaluate Groupon Inc ($GRPN) using the Charts

Longer Term Trading Plans for GRPN
  • Buy GRPN slightly over 3.57 target 5.37 stop loss @ 3.56 Details
  • The technical summary data tells us to buy GRPN near 3.57 with an upside target of 5.37. This data also tells us to set a stop loss @ 3.56 to protect against excessive loss in case the stock begins to move against the trade. 3.57 is the first level of support below 4.5 , and by rule, any test of support is a buy signal. In this case, support 3.57 is being tested, a buy signal would exist.

  • Short GRPN slightly under 5.37, target 3.57, stop loss @ 5.39 Details
  • The technical summary data is suggesting a short of GRPN as it gets near 5.37 with a downside target of 3.57. We should have a stop loss in place at 5.39though. 5.37 is the first level of resistance above 4.5, and by rule, any test of resistance is a short signal. In this case, if resistance 5.37 is being tested, a short signal would exist.

Swing Trading Plans for GRPN
  • Buy GRPN slightly over 4.83, target 5.37, Stop Loss @ 4.82 Details
  • If 4.83 begins to break higher, the technical summary data tells us to buy GRPN just slightly over 4.83, with an upside target of 5.37. The data also tells us to set a stop loss @ 4.82 in case the stock turns against the trade. 4.83 is the first level of resistance above 4.5, and by rule, any break above resistance is a buy signal. In this case, 4.83, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short GRPN slightly near 4.83, target 3.87, Stop Loss @ 4.84. Details
  • The technical summary data is suggesting a short of GRPN if it tests 4.83 with a downside target of 3.87. We should have a stop loss in place at 4.84 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 4.83, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for GRPN
  • Buy GRPN slightly over 4.83, target 5.37, Stop Loss @ 4.82 Details
  • If 4.83 begins to break higher, the technical summary data tells us to buy GRPN just slightly over 4.83, with an upside target of 5.37. The data also tells us to set a stop loss @ 4.82 in case the stock turns against the trade. 4.83 is the first level of resistance above 4.5, and by rule, any break above resistance is a buy signal. In this case, 4.83, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short GRPN slightly near 4.83, target 4.34, Stop Loss @ 4.84. Details
  • The technical summary data is suggesting a short of GRPN if it tests 4.83 with a downside target of 4.34. We should have a stop loss in place at 4.84 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 4.83, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Real Time Updates are available on our  Groupon Inc (GRPN) Page here: GRPN.

GRPN Ratings for May 24:

Term →Near Mid Long
Rating Strong Strong Weak
P1 0 0 1.89
P2 4.34 3.87 3.57
P3 4.71 4.83 5.37
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Support and Resistance Plot Chart for GRPN

GRPN Long Term Analysis for May 24 2023

Blue = Current Price
Red= Resistance
Green = Support

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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet.  However, if we pay close attention we can see what is going on, and make good decisions.. The  Groupon Inc (NASDAQ: GRPN) report below can help you understand how to do this. The trading plans for GRPN, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.