Stocks to Watch for May 1, 2013
Edited by Costa, 01 May 2013 - 02:23 AM.
Groupon Inc (NASDAQ:GRPN)
Started by
Costa
, May 01 2013 02:22 AM
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#1
Costa
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- Traders-Talk User
- 660 posts
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Posted 01 May 2013 - 02:22 AM
the stock is correcting after a run from 5.47 to 6.66. The stock could slide till the 5.89-6 area. The technical indicators on chart are suggesting more downside but have not turned bearish yet. The MACD is positive but has started falling below its signal line. The RSI has just slipped below its 50% level and the slow stochastic is now falling below its 50% level. Keep a stop at 5.82
Stocks to Watch for May 1, 2013
Stocks to Watch for May 1, 2013
Costa
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