Each stock has its own personality and thus also reacts differently to the various moving averages. Moving averages are better used as reference areas than hard points to set stops or profit targets at. In the case of GRPN stock, the 200 day moving average is well respected and with the recent rally, GRPN has once again bumped into this moving average. So, it’s time to sit up and take notice.
Watch the short video here: https://www.youtube.com/watch?v=BzUw2xcrEkI
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