$BKNG 900+ days trading range looks distributional and in final phase of sideway action. Expecting it to start trending downward in the nearest future. Current risk 10% scaling in on the way down. Breaking through 200MA would serve as a massive confirmation.
NASDAQ:BKNG That's the breakout we were waiting for on a title that we like a lot about its fundamentals. Head and shoulders that has not reversed the trend, stopped two years ago and that now has broken the level of the tip of the second shoulder of this fantastic pattern. We enter Long allocating a small part of our portfolio to diversify as usual between our...
Just some thoughts on the market psychology on bubbles. Prevailing market sentiment on Booking in 2000: "No stock can recover from that type of bubble." "Booking is the new Tulip bubble, they took your money for good." "Internet companies? The Internet is nice but you can't expect them to be able to make real money." Prevailing market sentiment on Bitcoin in...
Forecast stock market crash