from Heineken: ... GRPN
GRPN, in resistance zone where supply has flooded in last two times. Needs to hold $11 on any sell off to stay bullish. If so, $21 first target, then $27-$30 range.
----------------------------
my 2 cents, or 1, lol:
I wouldn't gamble with it, and I'd wait to enter, but zooming out it could make a nice Cup, back to 21, then on to 27-30 like Heineken said. retrace of it's move over the last week, in this box is back to $14. then set a stop below that (5 to 10%, 10% max). Knowing though that it could drop to 11 (and still be in this box). Below 11 and it's game over. A close above this box and I think it's game on.