Ready to take a dive into GRPN (GROUPON) and review GRPN and how well it’s moving based on the technicals. Right now the stock is powering higher and moving well past the resistance and consolidation pattern. If you are a long-term investor it the stock chart looks weak, however if you are looking for a short-term trade… this stock looks like it could be a short-term buy.
Remember to plan according to your investment horizon since long-term investors may position themselves differently with GRPN than short-term traders. Watch the key levels on GRPN that we’ve outlined in this technical analysis prior to taking a position.
