This company provides a local e-commerce marketplace that connects merchants to consumers by offering goods and services at a discount. The company features a daily deal on the best stuff to do, see, eat, and buy. This stock is trading up 3.7% to $4.75 in recent trading.
Today's Range: $4.60-$4.95
52-Week Range: $2.60-$25.84Volume: 16.45 million Three-Month Average Volume: 18.85 million From a technical perspective, GRPN is bouncing higher here right above its 50-day moving average of $4.21 with decent upside volume. This move has started to push GRPN into breakout territory, since the stock has started to flirt with some near-term overhead resistance at $4.78. At last check, GRPN has hit an intraday high of $4.95 and volume is just a few million shares below its three-month average action of 18.85 million shares. Shares of GRPN are now trending within range of triggering a major breakout trade. That trade will hit once GRPN takes out some key overhead resistance at $5.50 with high volume. Traders should now look for long-biased trades in GRPN as long as it's trending above its 50-day at $4.21, and then once it sustains a move or close above $5.50 with volume that hits near or above 18.85 million shares. If that breakout triggers soon, then GRPN will set up to re-test or possibly take out its next major overhead resistance levels at $6 to $8.05. NII Holdings (NIHD) This company provides wireless communication services targeted at meeting the needs of customers who use its services in their businesses and individuals that have medium to high usage patterns. The stock is trading up 11% to $5.95 in recent trading. Today's Range: $5.36-$6.12 52-Week Range: $4.75-$24.32 Volume: 6.19 million Three-Month Average Volume: 4.74 million From a technical perspective, NIHD is exploding higher here right above some near-term support at $5 with above-average volume. This move has catapulted NHID into breakout territory, since the stock has taken out some near-term overhead resistance levels at $5.35 to $5.50. Shares of NIHD are now moving within range of triggering another major breakout trade. That trade will hit once NIHD takes out its 50-day moving average of $6.41 with high volume.
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