Gap filled for Priceline.com (NASDAQ:PCLN)

by Josh Downside momentum is waning in Priceline.com ($PCLN) shares. Priceline was last at $935.94 on a volume of 415,152 shares here at the noon hour. Volume is slightly above average today.

Shares have now filled the gap created by earnings last week. Should priceline shares continue to hold or move higher this afternoon a doji candlestick or a hammer pattern (should shares continue higher) will be formed. Both patterns would indicated a reduction in selling pressure and mark a new short term support level.

52 Week Range $553.97-$994.98 Market Cap 48,200,633,540 Average Volume 706,404 Dividend Yield 0.00% Institutional Ownership 0.00% Insider Ownership: 2.60% Percentage of Float Short 6.00% Beta 1.24

Priceline.com, Inc is the online travel Company which offers its customers a range of travel services, including hotel rooms, car rentals, airline tickets, vacation packages, cruises and destination services.

Articles