By Jeff Pierce
Groupon tanked on Friday and LIVE didn’t. That tells you all you need to know that there is underlying strength in this stock that has a similar business plan as GRPN. This needs to pullback somewhere in the mid 6′s – mid 7′s before I’d consider entering a small long position, but this one has a lot of potential. The chart is extremely bullish and watch the RSI when it falls in the 40-50 range. It should be a buy there.
Leave a Reply
You must be logged in to post a comment.