Shares of Groupon Inc (NASDAQ:GRPN) have been under pressure for the last three months, falling from near $5.00 to $3.00. Based on accumulation and a turn in price, that appears to be changing. Just yesterday, the stock put in a major bullish bottoming tail. Today, it is confirming the upside move with a strong surge of 3%. With a current price of $3.12, Groupon Inc could easily rally to a target of $4.00. This would be a 30% upside profit return from current levels. Investors should be on high alert and take a look at the reversal and surge in the last two days.





Stock chart bullish for investors to buy on Groupon Inc