10/28/25 :: VROCKSTAR :: 
BKNG
I see it both ways... dip buyer only
- on one hand travel and fwd booking curves sb super discretionary and the google trends don't look great
- on the other hand, "travel" is ironically the anti-tariff consumption
- and on the margin valuation is really not demanding such that mgmt doesn't say anything ominous about holiday travel (which is not my expectation, but i don't wish to fafo)
- the low-risk way to play this is a dip buy/ or ex post style reaction, anything approximating the $4.6k level looks juicy for a LT entry
- let's see.
V
BKNGI see it both ways... dip buyer only
- on one hand travel and fwd booking curves sb super discretionary and the google trends don't look great
- on the other hand, "travel" is ironically the anti-tariff consumption
- and on the margin valuation is really not demanding such that mgmt doesn't say anything ominous about holiday travel (which is not my expectation, but i don't wish to fafo)
- the low-risk way to play this is a dip buy/ or ex post style reaction, anything approximating the $4.6k level looks juicy for a LT entry
- let's see.
V
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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.