Groupon, Inc. operates as a local commerce marketplace that connects merchants to consumers by offering goods and services at a discount in North America and internationally. The company also offers deals on products for which it acts as the merchant of record. It offers deals in various categories, including food and drink, events and activities, beauty and spa, fitness, health, home and auto, shopping, and education. The company emails its subscribers discounted offers on goods, services, and travel targeted by location, purchase history, and personal preferences. It also enables its customers to access its deals directly through its Website and mobile applications.
To review Groupon's stock, please take a look at the 1-year chart of GRPN (Groupon, Inc.) below with my added notations:
Over the last 12 months GRPN has consistently moved higher, although
it has been pulling back since September. During its uptrend that stock
has formed a key trendline of support. Always remember that any (2)
points can start a trendline, but it's the 3rd test and beyond that
confirm its importance. GRPN's trendline seems to be important since it
has been tested on 3 different occasions.
The Tale of the Tape: GRPN has created a trendline
of support over the last year. A long position could be entered on a
pullback to that trendline, which is approaching $9, with a stop placed
below that level. A short position could be entered if GRPN were to
break the trend line support.
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gold and silver being smashed once again, today a man who has been
involved in the financial markets for 50 years, and whose business
partner is billionaire Eric Sprott, warned King World News that
investors need to prepare for an epic worldwide depression and
unprecedented social unrest. He also discussed gold and silver. Below
is what John Embry had to say in this powerful and timely interview.
Embry: “What really caught my attention was the brilliant interview
you did with Egon von Greyerz yesterday. He addressed a point that is
missed by a lot of people. Everybody seems to think that with all of
the problems in the West that the Chinese economy will save us because
of the growth phenomenon that’s been going on over there for the past 20
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