When One Stock Tanks, Look at Its Competitor

February 24th, 2014
in contributors

by Jeff Pierce, Zentrader

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.

Follow up:


Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.

 navigate econintersect.com


Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2016 Econintersect LLC - all rights reserved