Stock Of The Day: Is The Groupon Rally Over?

Trading in Groupon, Inc. GRPN stock is quiet Thursday. It has been trending higher. There is a good chance it soon reverses and sells off. It is overbought and getting close to a resistance level.Our team of technical analysts has named Groupon as our Stock of the Day.The bottom part of the chart is the Relative Strength Momentum Indicator (RSI). It was designed to measure a stock's momentum. If the blue line is above the horizontal red line, it indicates overbought conditions.As you can see below, that is ...