You can see the original chart here…. https://fctrades.wordpress.com/2013/07/01/priceline-is-a-4-fig-stock/
On Friday it broke and closed above 847.33 which is where we advised you to go long PCLN. We were already positioned with the July 895C anticipating a move higher.
Here is the updated weekly chart. Notice that on the weekly time frame PCLN’s RSI get can overbought and remain overbought for quite some time, as we’ve seen in the past. In Feb when the RSI showed overbought territory, PCLN continued to move from 646 to 775 before showing any kind of weakness. It also stayed well clear of the 10 MA for approx. 12 weeks. Strong close today, right near the highs…next entry for a long is 889.4. I expect my last 895C to be ITM very soon. Cheers!