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PRICELINE.COM INC
(PCLN-Nasdaq):
Technical Viewpoint: From a low
of $25.62 on Aug 3, 2006 prices
rallied, reaching a
high of $34.29
on Sep 5, 2006. A
decline saw prices pull back, reaching a
low of
$30.26 on Sep 7, 2006.
Another rally saw prices penetrate
resistance, closing 9/22/06
at $35.34. Technicals: MACD Index (MACD): A Buy Alert!
was given on Sep 22, 2006 when the solid line crossed the dotted line to the upside.
Support: Remains at $33.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Sep 22, 2006. A P&F upside
reversal takes place at $32.00. Summary: Technical indicators have turned bullish. BUY! PRICELINE.COM INC
(PCLN-Nasdaq) @ $35.75 Stop: Use a protective stop of $33.75.
PRICELINE.COM INC is currently trading @ $35.34 plus $1.69 on Sep 22, 2006. Price Objective:
$47.50. Risk/Reward: $2.00 VS. $11.75. Today's Risk Reward Ratio: 6:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$47.50
Risk/Reward:
$2.00 VS. $11.75
Risk/Reward Ratio:
6:1
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