fqalogtrader

GPRN Breakout, Next MM $49.45

Long
NASDAQ:GRPN   Groupon, Inc.
This sequence trade idea of the previous post mentioned in the related idea. It has a U shape (rather C&H) recovery from bottom 19.3 and its break resistance 34.34. As per calculation next resistance is 49.45 (34.41 + 19.37).
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