Priceline.com Bulls in Charge

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Priceline.com Bulls in Charge

Published on Wednesday, 22 February 2012 12:34 Written by TradersHuddle Wire

pcln New York, February 22nd (TradersHuddle.com) - Shares of Priceline.com Incorporated (NASDAQ:PCLN) booked a new 52 week high today by trading above $588.56, traders are definitely monitoring Priceline's price action to see if this move attracts further buying into the stock.

Priceline.com Incorporated (NASDAQ:PCLN) operates as an online travel company that enables consumers to save money on a variety of products and services. The Company allows customers to name their own price on products or services and communicates that demand directly to participating sellers or to their private databases. Participants include domestic and international airlines, and hotel chains.

Priceline.com is currently trading -0.06% versus its previous trading session close, and it has calculated support and resistance at $438.76 and $588.56 respectively. Clearly with this action this range has been penetrated, and traders will be reviewing price action to establish a new tradable range

The overall market index S&P 500 is trading lower by -0.42% from its previous trading close, which means that Priceline.com stock is outperforming the overall market.

Note - Automated Content Created By TradersHuddle's Technical Scanner

Priceline.com Inc. (PCLN): Today's Featured Leisure Loser - TheStreet.com
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Priceline.com Inc. (PCLN): Today's Featured Leisure Loser - TheStreet.com
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Earnings Preview: StockTwits Users Weigh in on Priceline.com Ahead of Earnings - Benzinga
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Priceline.com Inc. (PCLN): Today's Featured Leisure Loser - TheStreet.com
Priceline.com Inc. (PCLN): Today's Featured Leisure Loser - TheStreet.com

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