A major buying opportunity is approaching on share

A major buying opportunity is approaching on shares of Groupon Inc (NASDAQ:GRPN). Just 3 weeks ago, Groupon reported fantastic earnings as the stock jumped 25%. Since then, price has faded as weak handed investors took profits and got bored of holding onto shares. This is where smart investors start to scope out a buying opportunity. The clear entry price is the gap fill (a technical term). Gap fill is the level Groupon traded at prior to reporting earnings, before jumping 25%. The price is $3.75. This will be major support and a smart investor is able to buy at the price where Groupon was trading, prior to telling the world of their fantastic earnings results.


Stock market investors look to buy shares of Groupon Inc