Posted On: 01/19/2014 12:37:40 PM
Post# of 2561

GRPN Daily Chart ~ Lots of Red Over the Last Two Weeks
A request for a chart of GRPN. A great investment for a good portion of 2013, but a swing trader can trade this one very successfully if he follows the indicators. Currently, GRPN is looking very week. Please note the recent negative crossover. Simply compare the share price to these crossover, positive and negative, and tell me one can't trade a stock successfully. I would now be looking for the stock to hold the MA100 and 50. If those two moving averages don't hold, a drop to the MA200 at 9.23 wouldn't surprise me. GLTA
A request for a chart of GRPN. A great investment for a good portion of 2013, but a swing trader can trade this one very successfully if he follows the indicators. Currently, GRPN is looking very week. Please note the recent negative crossover. Simply compare the share price to these crossover, positive and negative, and tell me one can't trade a stock successfully. I would now be looking for the stock to hold the MA100 and 50. If those two moving averages don't hold, a drop to the MA200 at 9.23 wouldn't surprise me. GLTA


