Today we will analyze the stock PRICELINE.COM (PCLN.MX) for internet stock trading in the MX stock market,
Stock Technical indicators to notice in PRICELINE.COM (PCLN.MX)
1- Last bullish trend was from 9,010.18 $ (4/24/2012) to 9,936.00 $ (4/30/2012) a 925.82 $ move 2- The current bearish trend started from 9,936.00 $ at 4/30/2012 and is currently trading at 9,667.74 $.
3- PCLN.MX current support level is at 9,582.34 which is the 38.20 % fibonacci retracement of the last 925.82 $ move.
4- PCLN.MX current resistance level is at 9,717.51 which is the 23.60 % fibonacci retracement of the last 925.82 $ move.
5- According to ADX Indicator, the trend is currently strong bullish,which is becoming weaker.furthermore, the ADX indicator location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
PRICELINE.COM (PCLN.MX) Short term stock chart patterns for internet stock trading :

None.
PRICELINE.COM (PCLN.MX) Mid term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 9,010.180 and 7,581.000, and is currently supporting at 9,433.641.
PRICELINE.COM (PCLN.MX) Long term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 9,010.180 and 6,218.980, and is currently supporting at 9,376.238.

Stock Trading Conclusion:
PRICELINE.COM (PCLN.MX) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show highly volatile movements favoriting no favorited direction,
recommend hold or waiting for entry , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles in online trading. .

Stock Resistance Levels : 9,717.51, 9,731.05, 9,770.22, 9,801.87, 9,833.52, 9,936.00,.
Stock Support levels : 9,582.34, 9,473.09, 9,433.64, 9,376.24, 9,363.84, 9,010.18, 8,758.36,.