Performance metrics and trade details for GRPN breakout.
Groupon reported strong earnings on May 8th, triggering a 60% rally which was identified as an Episodic Pivot setup (see previous breakout report). The stock then consolidated sideways for two weeks.
On May 23rd, it offered a clean add opportunity — an episodic pivot post-earnings — as it broke out of a high tight pennant pattern.
The stock gained 8% within two days of the breakout entry.
