$BKNG Finding a Top
BKNG Has been on a Massive rally since we called this stock in October of 2022 and it's almost time to Sell!Adding a Fibonacci extension we can see this Wave C leg is headed to the 1.618 Extension around 4777$ While I fully expect this target top be hit before an epic short, the market tends to cut good things short. This top can come anywhere between 4500 and the target so get ready and have those training stops ready!
BKNG is a tricky trader but if you plan it out right, you can turn 200$ into 20,000$ in a few trades. I wouldn't want to be long up here, But I wouldn't want to be short either. Not yet.
Good Luck Out There.
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.