💡 Swing setup idea
Double bottom breakout retest with buyers’ volume stepping in
🔎 Analysis summary:
The stock closed a clean double bottom, broke above resistance and came back to check support. We can also see price getting close to the 50-day moving average with buyers’ volume stepping in, confirming interest beneath the breakout zone. The upside potential is projected by the height of the double-bottom pattern from the breakout point.
👀 Levels to watch:
Entry trigger: Break above $195.15
Target: $239.25
Stop: Under the support / breakout level
💬 Will BKNG hold this retest and move higher? Let me know in the comments! 👇
Good luck!
⚠️ Note: This is for educational purposes only and is not financial advice.
Double bottom breakout retest with buyers’ volume stepping in
🔎 Analysis summary:
The stock closed a clean double bottom, broke above resistance and came back to check support. We can also see price getting close to the 50-day moving average with buyers’ volume stepping in, confirming interest beneath the breakout zone. The upside potential is projected by the height of the double-bottom pattern from the breakout point.
👀 Levels to watch:
Entry trigger: Break above $195.15
Target: $239.25
Stop: Under the support / breakout level
💬 Will BKNG hold this retest and move higher? Let me know in the comments! 👇
Good luck!
⚠️ Note: This is for educational purposes only and is not financial advice.
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ko-fi.com/c/82990ede9f
🎯 Want my opinion on a specific stock?
Hit the link below👇
ko-fi.com/c/82990ede9f
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.
📈 Follow for more swing setups & market analysis!
🎯 Want my opinion on a specific stock?
Hit the link below👇
ko-fi.com/c/82990ede9f
🎯 Want my opinion on a specific stock?
Hit the link below👇
ko-fi.com/c/82990ede9f
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.