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Bullish Moving Average Cross by priceline.com (PCLN)

By Nick Russo

priceline.com (NASDAQ:PCLN) crossed over its 10-day moving average of $1331.73 on a volume of 475K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, priceline.com share prices have been bracketed by a low of $954.02 and a high of $1476.52 and are now at $1339.38, 40% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.

SmarTrend is tracking the current trend status for priceline.com and will alert subscribers who have PCLN in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Priceline.com

Ticker(s): PCLN