Groupon (GRPN) Recently Broke Out Above the 20-Day Moving Average

Group 1 - Groupon (GRPN) has recently reached a key level of support and has overtaken the 20-day moving average, indicating a short-term bullish trend [1][4] - The stock has moved 18.3% higher over the last four weeks, suggesting potential for further gains [4] - GRPN is currently rated as a Zacks Rank 2 (Buy), with positive earnings estimate revisions, as no estimates have decreased in the past two months while three have increased [4][5] Group 2 - The 20-day moving average is a useful tool for traders, indicating a positive trend when the stock price is above it and a negative trend when below [2]