GRPN, THE LITTLE COUPON APP THAT COULD (EARNINGS CHART)
Can it keep going? Technically, yes. I see numbers up to $40.
However, I'm posting this because I see this idea as far more likely to occur is some form.
It looks like a potential top is about to occur.
At these levels, with momentum, a drop could take price as low as $4. If not lower, down to $2.
It's hard to be bullish on this stock with a chart like this.
In other words, I'm saying, I don't know if there is more upside, and if there is, I'm okay with missing it because I'd rather not be wrong and ultimately lose money on the downside.
Mostly a question of risk vs reward.
I would ultimately be bearish overall.
I think the pink zone might see a top and I think we could see trends break all the way down to the blue zone.
Current pattern is highlighted.
However, I'm posting this because I see this idea as far more likely to occur is some form.
It looks like a potential top is about to occur.
At these levels, with momentum, a drop could take price as low as $4. If not lower, down to $2.
It's hard to be bullish on this stock with a chart like this.
In other words, I'm saying, I don't know if there is more upside, and if there is, I'm okay with missing it because I'd rather not be wrong and ultimately lose money on the downside.
Mostly a question of risk vs reward.
I would ultimately be bearish overall.
I think the pink zone might see a top and I think we could see trends break all the way down to the blue zone.
Current pattern is highlighted.
Not
At the topside of the current pattern, potential to see a small retracement to decide next move. Breakout of this pattern to the topside can cause higher price action.Not
Anyone able to time the sell? You'll want a new chart but the numbers are still pretty relevant.
Cashapp: $nicktussing
Venmo: @nicktussing
Donations appreciated, NOT AT ALL REQUIRED OR EXPECTED.
Venmo: @nicktussing
Donations appreciated, NOT AT ALL REQUIRED OR EXPECTED.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Cashapp: $nicktussing
Venmo: @nicktussing
Donations appreciated, NOT AT ALL REQUIRED OR EXPECTED.
Venmo: @nicktussing
Donations appreciated, NOT AT ALL REQUIRED OR EXPECTED.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.