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Priceline.com (PCLN) Initiated Coverage Alert, Watch for 21.6% Technical Uptrend Reversal

Priceline.com (NASDAQ:PCLN) initiated as Hold at Collins Stewart. The stock closed yesterday at $211.89 on volume of 2,044,675 shares, above average daily volume of 1,193,818.

priceline.com is currently above its 50-day moving average of $175.22 and above its 200-day moving average of $124.98.

SmarTrend is bullish on shares of PCLN and our subscribers received an Uptrend alert on November 09, 2009 at $174.30, which has returned 21.6% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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