Groupon recently reversed up sharply from the long-term support area lying between the strong support level 2.12 (which stopped the sharp downtrend at the start of 2016) and the lower weekly Bollinger Band.
The upward reversal from this support area stopped the previous short-term impulse wave (iii).
Groupon is likely to rise further toward the next resistance level 2.60 (former support from October).
Baidu: ⬆️ Buy - Baidu reversed from support zone - Likely to rise to resistance level…
USDCAD: ⬇️ Sell - USDCAD broke support zone - Likely to fall to support level…
We break down one of the most dramatic weeks in the markets — including a…
The US dollar is suffering due to weaker than expected inflation data and a surge…
USDJPY: ⬇️ Sell - USDJPY broke the support zone - Likely to fall to support…
Bitcoin: ⬆️ Buy - Bitcoin reversed from support zone - Likely to rise to resistance…
This website uses cookies
