Earlier this month we asked our subscribers to give us the symbol of a stock, ETF or Future contract they are watching and we would run it through the algorithm to see which signals come up.
Priceline.com (NASD:PCLN) was mentioned as a possible short candidate, to which we responded on 11/15:
We discussed PCLN this evening and ran it through the algorithm. It looks like a short, feels like a short, but definitely not a short… yet.
A number of traditional technical indicators however would seem to show that the stock is poised for a correction: