Groupon has been one of the most controversial names lately, from the fundamentals of its business model to questionable management. Much of that uncertainty has been reflected in the price and action of the stock. In face, since its IPO, it’s been all downhill. However, according to the chart, a new day may be dawning. Players are returning to the name, and momentum is starting to take hold. We must always walk before we run, but Groupon may offer a great opportunity once it hits 12 and beyond.
