climbing_stars
Short

PCLN Weekly Bearish Crab to go along with my Bearish AB=CD

BATS:PCLN   PRICELINE GRP INC
95 2 0
This Bearish Crab completes at 911.0. Which is also where the Bearish AB=CD completes on the Monthly chart I posted. They both also have RSI BAMM. The RSI BAMM presented with the Bearish Crab is perfectly at the start and finish though. This accompanied with the Negative Divergences over the last 3 years across the board could cause this thing to be a falling knife. WATCH THAT 911.00 LEVEL! *I forgot to put on the chart the fib levels from A-C, you could say it is 0.886. But the more accurate statement is that they are of equal level which is quite common.*
I agree! Nice chart!
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climbing_stars WallStScalper
Thanks BM! The market loves round numbers and we hit 900 today. But I'm still quite confident we will hit $910/$911 before reversing.
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