It has finally happened, priceline.com Incorporated (NASDAQ:PCLN) crossed the major $500.00 level today hitting a new all time high of $503.51. This represents a major cross and a possible pull back level based on the significant even number.
Amazon.com, Inc. (NASDAQ:AMZN) is soaring for the second straight day after the company announced a cloud-based music service. In addition, this morning an analyst from Morgan Stanley raised the price target from $205 to $225 talking up a shift from specialty retailers to Amazon. The stock is trading at $180.83, +6.21 (+3.56%).
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