13.02.2015 - Groupon shares resumed growth within the channel

Groupon's stock price after a long consolidation along the bottom of the rising channel began to grow rapidly and according to our estimates in the near future will reach the level of a local maximum at 8.30. Overcoming and fixing the price above this level will be the basis for continued growth to 9.00. Price decline is limited by the level of support at 6.85 and the lower boundary of the channel. We forecast growth of stock price in the medium term with a target level at 12.00.

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