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After Yesterday's Rally of 1.12% Shares Could Potentially Pullback

By Shiri Gupta

priceline.com (NASDAQ:PCLN) traded in a range yesterday that spanned from a low of $1,247.07 to a high of $1,275.57. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $1,248.96 on volume of 497,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

In the past 52 weeks, shares of priceline.com have traded between a low of $954.02 and a high of $1476.52 and are now at $1247.36, which is 31% above that low price. Over the past week, 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: rebounders Priceline.com

Ticker(s): PCLN