SmarTrend Watching for Potential Pullback in Shares of priceline.com After 1.06% Gain
priceline.com (NASDAQ:PCLN) traded in a range yesterday that spanned from a low of $1,455.21 to a high of $1,470.99. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $1,459.90 on volume of 136,000 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 $1501.79 and are now at $1468.43, which is 54% 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