Key Stock Movers: AMZN, PCLN

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%).

Chart provided by: RealTick LLC

About Gareth Soloway 168 Articles

Affiliation: InTheMoneyStocks.com

Gareth Soloway has been an avid swing and day trader since his days at Binghamton University where he studied Economics. After college, Gareth quickly excelled as a financial advisor, helping clients get their financial houses in order. While helping others gain financial independence, he continued to study the day trading and swing trading world, developing a unique market philosophy and proprietary methods. Following his work in the financial sector, Gareth went on to trade alongside professional traders. Unable to tolerate the hype of Wall Street any longer and having an amazing ability to profit using his developed techniques, Gareth Soloway decided to partner with his friend and colleague, Nicholas Santiago to form InTheMoneyStocks.com. Chief Market Strategist Gareth Soloway serves as the president and CFO of InTheMoneyStocks.Com.

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