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Booking Holdings Inc. Common Stock
Long

BKNG at Breakout

By lukescomputers
Updated
BKNG showing a bullish hammer today after consolidating for the past two weeks.

  • BKNG showing bullish hammer right below resistance (2541.73)
  • BKNG would hit a new ATH if breaking resistance
  • BKNG reported good earnings on Tuesday


I would wait until BKNG breaks through (2541.73) and then retests the resistance turning it to support

Target 1 @ 2600.00
Target 2 @ 2700.00
Note
BKNG lost its hammer candle by close. Likely that the stock will consolidate for a few more days before testing resistance again. Potential for post-market to drive opening price up but we will wait to see
Note
BKNG trading much higher @ 2518 in pre-market.
Trade active
Bought in @ 2562.43
Fundamental AnalysisTechnical IndicatorsTrend Analysis
lukescomputers

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