$BKNG showing a bullish hammer today after consolidating for the past two weeks.
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
- $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
Comment:
$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
Comment:
$BKNG trading much higher @ 2518 in pre-market.
Trade active:
Bought in @ 2562.43