The Traderszone Network

Published in TZ Latest News 1 August, 2014 by The TZ Newswire Staff

Priceline Forming Cup-With-Handle Base

Online travel booking company Priceline (PCLN) is back on the Sector Leaders as it forms a new base. The stock is shaping a cup-with-handle pattern with a potential buy point at 1292.76. The base is forming after the stock climbed more than 75% from a long base it cleared in May 2013. That ascent was merely part of a larger long-term advance from its 2008 low.

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