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PRICELINE.COM INC
(PCLN-Nasdaq):
Technical Viewpoint: From a low
of $86.68 on Jan 22, 2008 prices
rallied, reaching a
high of $112.06
on Jan 24, 2008. A
decline saw prices pull back, reaching a
low of
$92.50 on Feb 7, 2008.
Another rally saw prices penetrate
resistance, closing 2/15/08
at $123.83. Technicals: MACD Index (MACD): A Buy Alert!
was given on Jan 24, 2008 when the solid line crossed the dotted line to the upside.
Support: Remains at $102.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Feb 7, 2008. A P&F upside
reversal takes place at $118.00. Summary: Technical indicators have turned bullish. BUY! PRICELINE.COM INC
(PCLN-Nasdaq) @ $124.63 Stop: Use a protective stop of $118.00.
PRICELINE.COM INC is currently trading @ $123.83 plus $21.63 on Feb 15, 2008. Price Objective:
$149.50. Risk/Reward: $6.63 VS. $24.87. Today's Risk Reward Ratio: 4:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$149.50
Risk/Reward:
$6.63 VS. $24.87
Risk/Reward Ratio:
4:1
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