Hey there, fellow traders! It’s your buddy Barrie Einarson from Trade Ideas, back with another thrilling edition of “What Makes This Trade Great.”To Subscribe: https://go.trade-ideas.com/SHQ

So, let’s dive right into it – today’s star of the show is none other than Groupon, ticker symbol GRPN. Now, I’ve got to say, this one was a real gem that came to us courtesy of our trusty AI alert system, Holly.

Picture this: Holly shoots out an alert at 1674, and where do we find GRPN? Chillin’ at 1393. That’s some serious potential right there, folks.

Now, in full transparency, I didn’t jump on this gravy train right away. I had a bit of FOMO (Fear Of Missing Out), you know how it goes. But hey, better late than never, right? So, I hopped in around the 1480 mark, and boy, was that a ride!

Sure, there were some bumps along the way. I mean, what’s trading without a few twists and turns? Took a little loss initially as I was multitasking (life of a trader, am I right?), but I managed to reposition myself, and GRPN started dancing to our tune.

Fast forward, and we’re looking at GRPN flirting with 1385. Now, that’s what I call progress!

But here’s the kicker – while I was charting the waves, I couldn’t help but peek at the daily chart. It’s like looking into a crystal ball, trying to gauge where the next wave might take us. And hey, spotting that potential support level around 1363? That’s just good old-fashioned trading wisdom, my friends.

Now, here’s the sweet part – even though I jumped in a tad later than our AI alert, it still turned out to be a smashing trade. I mean, we’re talking a whopping 17.5% move from Holly’s call to where we’re at now. That’s the kind of stuff dreams are made of!

So, to all you fellow traders out there, remember – it’s not just about the entry; it’s about riding those waves and making the most of every opportunity.

Alright, folks, time to wrap it up. But before I go, remember to keep honing those trading skills, and I’ll catch you on the flip side. Have a fantastic weekend, and let’s crush it come Monday!

Until next time, happy trading!

Cheers,
Barrie Einarson