Well, it had its chance to squeeze... and if can't do any better than that.... its game over. Zandy in short via the 1420 puts..... DIE Priceline PIGGY!
PCLN is looking very strong here. I expect it to at least test the previous high at $1476. Could see this running to $1600 or higher over next few months.
Its an intraday thing for me.....based on this weeks action and tomorrow's opex. I'll be out by 4PM. or 50% out if it hits 1400.
Wouldn't you think it would have moved by now? I mean look at the volume. Its anemic. I at least expected it would have gained some momo off of that jump from 1350. I'm not buying it. (IMHO and my honest opinion only)...This thing is going back down.
If you are talking intraday, I have got no idea. Intraday always seemed too random for me, although I know some can trade it well. I just find the chart very strong, but good luck.
2PM and only 175K shares traded. If this thing is supposed to go to $1700... apparently someone didn't get the word. $1700... yeah right. Gotta love Raymond James.