Amazon NASDAQ:AMZN is Blue Priceline (renamed NASDAQ:BKNG Booking Holdings recently (and oddly) is Orange. White vertical line indicates most recent percentage change flip flop since market bottom in early 2009. Priceline has been beating AMZN since July 2019, 5 months ago. Why? If trade war related, then Amazon is undervalued currently, since there’s...
It's clear to see that some of the colossal swings in this name are.......well, cyclical I came across this a few years ago before I started to trade names like PCLN and I was quite astonished by this pattern. The next cycle date in January 2018 so I'll be trading this again, long or short depending on the conditions at the time. Obviously you'd only trade off...
Bitcoin and Priceline stock have all fought hard support around the all time high of gold The red line and Blue fill are Bitstamp and Bitfinex btcusd prices respectively. The blue line is PCLN stock The green and red bars are Gold. Can bitcoin build a floor up here?
Short on retest of fib ext and or upper BBand . 1st tgt 50dma
Currently in this ascending triangle, I believe we will break down back into the channel between the two red lines and fall all the way down to $998.43. Often market has fallen in January and February, this pattern makes me expect something similar in the coming 3-4 months.
Up-sloping trend lines of resistance on larger time frames will often offer short periods of selling and for this reason I wouldn't short this for a long term trade unless you get a reason to do so, ie high volume reversal - this is still a strong name!. That said, I thought it was worth noting this pattern since it's only the 3rd touch of the line and with...
PCLN is consolidating inside the triangle and should break out soon
PCLN is consolidating inside a triangle and ready to test the upper trend line.
poor risk: reward for longs here. Bias is that Distribution is complete. When other realize it prices will already have dropped 10%.
Putting in a bullish candle on the 4 hr off of support. A good reversal candle to the downside would be a good opportunity from a R/R perspective.
Trend lines are breaking down, with each successive fail and retest resulting in the next test and fail. Started yesterday.. (orange dotted line and red dotted line) Next test will be the green line, and then to the thick solid Orange line.. oscillators confirm.
PCLN announces earnings tomorrow before market open, so look to put on this play before today's close. As noted in my post early this week regarding this week's earnings play prospects, PCLN's options are somewhat illiquid, so look for a fill of any setup at or above the mid price and resist the urge to chase price for a fill ... . You can naturally play with...
I ground through a large number of next week's earnings announcements, thinking I might find a nugget or two to play via options, but was somewhat disappointed. I've never played ESRX before, which announces on Tuesday after market close, probably because I'm not a fan of anything remotely pharmaceutical for these plays beyond the "uber" names like LLY and AMGN. ...