$GRPN ( GROUPON INC )
We want to be SHORT $GRPN below $42.38. This level has been key support on the Daily and Monthly Chart. Our first price target will be the 200d sma which currently sits at $37.64. Below that our second price target comes in at $34.52.
EDGE: Bearish Daily Squeeze, Decreasing RSI, and an early entry signal
Pattern: Head & Shoulders
If the trade triggers we want t set our stop at $43.77 on a daily close
We want exposure to the reopening trade and here is our idea $H $MAR $HLT
$XLNX has a daily slingshot squeeze. We also closed today above key moving averages.
$ADP has a daily slingshot squeeze. We also have a squeeze on the 2 hour chart