February 14, 2012

Priceline Target for the breakout

  • Priceline.com with it's weekly range breakout. Range is about 123 points so the target is above 670 levels.
  • caution this stock already had a false breakdown from the same range. But week candle came back to close inside the range. So bulls of PCLN should close near high of the week for sustaining the momentum. Pullbacks should also be limited to 550 levels. 
  • WEEKLY MACD BUY SIGNAL OF PRICELINE

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