Priceline $PCLN was bullish throughout 2016 and into 2017 until price pushed to about $2068 per share. The daily chart below shows the price top and a break below key support factors.PCLN Daily Chart(click to enlarge)Price Top:- As we can see on the daily chart, there was a price top, similar to a head-and-shoulders pattern.- Price has also fallen below the 200-, 100-, and 50-day simple moving averages (SMAs). - The slope of these SMAs are turning down, and the alignment is bearish.- Furthermore, price has broken below a rising trendline. Bullish Correction to a Bearish Correction- Price has been bullish since November. This is a bullish correction to the bearish price action since August. - In this bullish push, we should start to anticipate resistance with price in the 1800-1850 area. - This area is where the SMA cluster reside. A falling resistance will also challenge the rally. - Finally, if we believe that there will be more bearish correction, we should expect the daily RSI to hold below 60. - I think for now, the upside should be limited to 1800-1850, and we can anticipate downside towards the 16000 mark.