25th Feb 2012 – Do I get discount buying in GRouPoN?

Buy $	Sell $	Sell Short $	Buy Back $	Stop Loss $	Profit / Losses	Duration
19.60				18.20

 

Reason for Buy / Sell / Short / Cover:

 

1. Quarterly earning already out. It took a dip from its previous good rally.
2. Daily chart shows that it is resting at the tip of the triangle formation.
3. Intraday chart shows that it has formed a double bottom.

 

Lesson Learnt:

 

1. $19.00 is actually the BEST entry point which I don't have gut to get in.

 

Intraday Chart

Historical Chart

11th Feb 2012 – Pattern Study – Late to the Party

Ticker:

 

1. GRPN

 

Topic:

 

1. Sometimes it is good to be late to the party.

 

Lesson Learnt:

 

1. I was late to the party when it rallied up from the triangle formation.
2. This shows that it is not good to chase after the bus if it has left the station.
3. The intraday has shown a very good entry point at $20.00 that I have missed again.
4. The next entry could be very near. Pay extra attention!

5. The price is now resting on its daily 50MA line. Thing still look healthy.

 

Intraday Chart

Historical Chart

3rd Feb 2012 – Pattern Study - Coupon, anybody?

Ticker:

 

1. GRPN

 

Topic:

 

1. Buying coupon in group can be rewarding when time is right.

 

Lesson Learnt:

 

1. Break through the 3 months long  triangle formation with good volume.
2. All secondary indicators are very supportive.

 

Intraday Chart

-NA-

Historical Chart