In the past few sessions Groupon's share sharply fell but the stock is presently coming back to a significant support level.
Groupon enjoys an excellent Surperformance rating, which underlines its attractive valuation, its amazing finances (leverage amounts to -4.17x) and a significant growth potential.
Technically, the security has followed a downward trend in the mid-term, under the USD 4.65 resistance area. However, the selling pressure could run out of steam soon. Indeed, whereas the stock shows an oversold condition, the USD 4.27 support area currently tested might stop the bearish trend in the short term.
This is why it seems to be an appropriate timing to take immediately a long position in Groupon in order to benefit from the technical rebound on the USD 4.27 support area. A first target price will be the USD 4.65 resistance, ie a potential of 7.4%. A stop loss order will be placed at USD 4, to avoid heavy losses.
Groupon, Inc. is a scaled two-sided marketplace that connects consumers to merchants. The Companyâs marketplace is accessible through its mobile applications and its websites, which are primarily localized groupon.com sites in 13 countries. It has two segments, North America and International, and in three categories, Local, Goods and Travel. Local category includes services from local and national merchants, and other local and national merchants, including things to do, beauty and wellness and dining, as well as other services. Goods category includes merchandise across multiple product lines, such as electronics, sporting goods, jewelry, toys, household items and apparel. Travel category features travel experiences at both discounted and market rates, including hotels, airfare and package deals covering both domestic and international travel. The customer can contact the merchant directly to make a travel reservation after purchasing a travel voucher from the Company.
GROUPON, INC. 
