Priceline.com Incorporated (PCLN) has been holding up well but is now close to breaking its uptrend. With all going on and the technical damage in the indices, the selling pressure gets to most everyone eventually.
With oil up and problems all over the globe, it can probably affect the travel industry. I’m a bit early but I would short tier one here and if it can close below $453-454. The stop on the trade would be $460. The stock trades very loose so be careful.
*DISCLOSURE: Short PCLN
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