• OneLongTrade
    PCLN looks bearish here. Double top and diverging RSI. Also, its competitors have been blowing away earnings (EXPE, TRIP), and considering
    Reply (2)
    • OneLongTrade: the only reason for PCLN's high valuation is expectations of continued growth due to its near monopolistic hold on that market.
    • Henry B: could go either way, EXPE, TRIP doing well, could signify that PCLN is doing even better, also note that London Olympics around the corner.