December 15, 2013

GROUPON Weekend update

  • Groupon daily chart shows the up move from 200 Day SMA. For now the bounce is getting resisted at 50% Fibonacci level.
  • Second chart shows weekly stochastic trying to turn up from oversold zone, This one need price to close above 20 Week SMA for an extended up move to happen.
  • Last chart shows the resistance line in daily chart. Daily close above this line may start another up move.
  • IWM Bullish Channel Update

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