GRPN - Chart primed
GRPN looks primed for a breakout above 6 resistance which was first created on the gap down in August. If it can break and hold 6.15 (high from first breakout attempt in February), I would not be surprised to see it run to 8 over the next few weeks.
http://finviz.com/chart.ashx?t=GRPN&ty=c&ta=1&p=d&s=lSetup for another push, mid-term target still around 8.
Hi Blaine,
Watch out for that very tricky chart pattern, it can break either way... :hmmmm2:
Cheers.
Overall Market hurt this today. Rough day for many stocks.
I would say so yikes my whole protfolio was in the red! :-( any reasoning for this?