3rd test of the large resistance gap, breakout watch and gap entry above 5.58
BREAKOUT WATCH for possible breakout above 5.58, no resistance in area just above.
Type: True breakout from double resistance.
Target: 7.36, 38.9% Stop: 4.83, Loss: 8.9%, Profit/Loss ratio: 4.4 : 1 - Excellent
CURRENT PRICE 5.3, at resistance, 5.21 ± 0.38, type double, strength 8
RESISTANCE ABOVE +42.5% at 7.55 ± 0.54, type double, strength 7
source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=GRPN
BREAKOUT WATCH for possible breakout above 5.58, no resistance in area just above.
Type: True breakout from double resistance.
Target: 7.36, 38.9% Stop: 4.83, Loss: 8.9%, Profit/Loss ratio: 4.4 : 1 - Excellent
CURRENT PRICE 5.3, at resistance, 5.21 ± 0.38, type double, strength 8
RESISTANCE ABOVE +42.5% at 7.55 ± 0.54, type double, strength 7
source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=GRPN