Priceline technical comments ahead of earnings
The shares have been trading in a range since February of this year largely contained by a low at $1210 and a high at $1365. The stock is trading above the top of the range into earnings. If the news is bullish, the range breakout could continue. Next resistance levels to watch as potential upside objectives would be at $1393.63, $1430, $1449.90, and the 52-week high at $1476.52. If the news is a negative surprise, the following support levels could become downside objectives within the range: $1336.03, $1304.97, $1283.80, $1266.42, and $1243.57