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Is GRPN positioned for a breakout? Hammer Candlestick shows up after sinking 3.64%
GRPN closed down 3.64% on Thursday, August 20th, with volume running 1.1× above average. Multiple bullish signals emerged — Hammer, Hammer Candlestick & Stochastic Buy Signal — suggesting potential strength ahead. Key support levels exist at 18.91, 18.2 & 17.66, with resistance at 20.16, 20.7 & 21.41. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of GRPN: D
There’s more where that came from. See all of today’s signals for GRPN here.
Read full article here »