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 seeNote
BKNG trading much higher @ 2518 in pre-market.Trade active
Bought in @ 2562.43
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.