Priceline.com (PCLN) witnesses a healthy correction

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Priceline.com (NASDAQ: PCLN) was facing a correction mode on Wednesday by mid-day trades, as the Priceline.com (PCLN) stock slipped to $197.5 from $204.22 on Tuesday's closing.

However, despite the minor sell-off in Priceline.com (PCLN) stock, the long term technical trend in stock continues to be very strong, due to the fact that the stock continues to be in a breakout zone.

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