ACAD + GRPN [HD]

http://www.muathe.com/

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EXECUTIVE SUMMARY;

In this video we discuss the following two stocks; ACAD [$5.37] with a monthly buy point of $5.20 Monthly and GRPN [$5.32] with a weekly buy point of $5.29 and a daily breakout level buy point of $5.47. To be safe it could be best to wait for it to breakout above $5.47 so that you can at least know you bought it when it started showing confirmed turnaround potential.

I think ACAD can trade around $8-$10 in a few months. I give GRPN a 12-month price target of $12-$15, if not higher (if the market stays stable.)

Of course price targets are silly because they are just 'guesstimates' - so I encourage you to take profits when you have anything you would personally call a great gain.

On the general market front it seems to me that the market is stalling - albeit - short-term. We shall see in a week or two if that is accurate.