Watch Priceline Stock Move Tomorrow

Priceline (PCLN)

Yesterday, we covered the 30 point move by Priceline (PCLN) to the upside. We stated that a flat or even small down day could be expected but that the following day would be crucial. Well, today, PCLN closed down about 7 points, still keeping most of yesterday’s gains intact. As stated before, tomorrow will be the crucial point. If PCLN cannot bring itself to positive territory and above the 490 range, then the downtrend is confirmed.