Priceline.com Stocks Near Hard Break Down
Verified Investing | Dec 23, 2016 10:49AM ET
Investors in shares of Priceline.com Inc (NASDAQ:PCLN) need to be fully aware the stock is near a sharp break lower. At this current time, the stock is holding on to support by a thread. If it breaks the below shown trend line, a collapse from its current price of $1,481.34 to $1,190.00.
There is massive downside possible here so investors long the stock should be on full alert. Equally, investors looking for a great short should wait to pull the trigger until the trend line breaks as well.
Note the Investing.com of PCLN chart below:
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