Bull Market is Over Priceline Strong Sell Go Short.
Priceline is a terrific selling short opportunity ahead of earnings according to our algorithm. Priceline has been a long-term investment opportunity since $285, however, we do not see value above $2070 for the rest of the year. Therefore, our recommendation ahead of earnings was to sell entirely the investment position. Furthermore, the company also sold short the stock. Priceline lost more than $200 per share since earnings report which is according to the forecast expressed by the artificial intelligent algorithm. For more information on Priceline refer to the video and stock chart below.
The U.S tech sector is overvalued; it does not represent any value for investors at the present moment. The best thing to do is to sell going short. We’re literally making a fortune at the expense of the retail investor positioned on the other side of the trend. Thank you, everyone!