trading2day
Short

$1,200 is the level Bulls do not want to see broken

NASDAQ:PCLN   THE PRICELINE GROUP INC
6 0 1
With Stochastic oversold on the weekly chart and turning lower, price got rejected at the 78.6% Fibonacci retracement and targets 833$. This scenario has more chances of success if price breaks below the weekly Kumo (cloud support) around $1,200. My stop is at 1387$
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