Priceline.com Inc. (PCLN +$2.66 or +1.12% to $240.99) posted a small gain today with lighter than average volume. That leaves this high-ranked Leisure-Services firm perched above its pivot point but below its max buy level. No resistance remains due to overhead supply. Meanwhile, recent chart lows in the $218 area and its 50-day moving average (DMA) line are important support levels to watch on pullbacks. It has held its ground since last appearing in this FSU section on 2/18/10 under the headline "Big Gap Up Gain On 4 Times Average Volume" when triggering a technical buy signal while rising from a 9-week base.

In the most current (C criteria) quarter ended December 31, 2009 its sales revenues and earnings showed impressive acceleration yet again with increases well above the +25% minimum guideline. A summary of CANSLIM.net's past coverage and the stock's subsequent action was published on 11/07/08 under the headline "Multiple Sell Signals Preceded Big Price Decline."  That write-up explained the stock's weak action after it had been dropped from the Featured Stocks list after its 200 DMA violation on July 2, 2008.  PCLN was first featured on Friday, November 09, 2007 in the CANSLIM.net Mid Day Breakouts Report after gapping up over the $100 threshold (read here).