Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. Reverses From Gap Higher Incorporated (NASDAQ:PCLN) gapped higher today and quickly reversed to the negative side. The stock had been on a rampage lately, making new all time highs and topping out today at $333.74. This reversal may be significant as it could signal a short term pullback on the stock. The stock has moved from $173.75 on July 1st, 2010 to $333.74 today. Truly an amazing move in such a short time. If a pullback does come, look for support around $305.00.

Gareth Soloway
Chief Market Strategist