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Groupon, Inc.

Pull back slingshot GRPN

19
GRPN
Setup: pull back slingshot
-RS 98
-uptrend
-contaction in volume
-EPS double digit up (2/3) ,Sales down( 0/3)
Play:
Entry trigger 34.69 break out with enough volume
Stop loss: under break out candle
Target: 2.5R or ride the EMA next pivot point 41,16snapshot
!!Not covered by fundamentals!!

Note
26/7 still oke, blue candles, ride the 21ema low volume, making a base
Play: if it's break out the R1 with volume(check volume!!), i could open a position.
snapshot

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