Dan.Walsh.Loves.Lous.Sushi.Dow
Short

PCLN How far will it fall....

NASDAQ:PCLN   PRICELINE GRP INC
Having made decent returns the last couple days I has me cautious of what PCLN             will do. Over the next couple days / week making it to 1021.36 seems likely, but maybe not right away - Possbly an inside day candle a little sides ways move before continuing bearish . The long term trend is sideways , but the intermediate/ short term trend bearish . Ossilators are all very low and might need to turn up a bit , although they are all headed bearish .
If you notice there is a falling wedge which may allow for a PCLN             to break through the S/R line and possibly bouncing bullish from there (1003 ish             ) . Most falling wedges break bullish so long term bullish isn't crazy.
For me ... Short term day trade bearish!!!!
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