Booking Slips Below Nearby Support

Going sideways since 2018, Booking.com has not gained much ground. Despite claiming a new all-time high in 2022, the RSI has shown a loss in relative strength. Its very likely that this stock sees a 60% drop in value over the next 2-3 years. Holders should look for the most suitable exit in order to avoid more losses than necessary.

(Wave analysis has been redacted from this marking however, wave-by-wave analysis will be tracked via link in bio).

Comment:

BKNG should/could slip below $1500 in the days (roughly 1.5 weeks) ahead.