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  • GRPN Strong Day Breakout Watch To New Yearly Highs 0 comments
    Jul 26, 2013 4:33 PM | about stocks: GRPN

    GRPN is moving higher on good volume today, watch for breakout above 9.37

    VOLUME 12.37mil shares, +7% compared to typical volume of 11.56mil by 3:05 pm ET (15-20 min delayed).
    Typical daily volume is 16.05mil shares over the past 6 months.

    Breakout Details

    BREAKOUT WATCH for possible breakout above 9.37, no resistance in area just above.
    Type: True breakout from double resistance.
    Target: 10.83, 17.5% Stop: 8.73, Loss: 5.3%, Profit/Loss ratio: 3.3 : 1 - Excellent

    Support and Resistance

    CURRENT PRICE 9.22, at resistance, 9.06 ± 0.3, type double, strength 4
    RESISTANCE ABOVE None.

    GRPN chart

    (click to enlarge)GRPN breakout chart

    Source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=GRPN

    Stocks: GRPN
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