NASDAQ:BKNG   Booking Holdings Inc. Common Stock
Booking activated a double top when lost 2057.32 $ which was a support for the last 227 days.

The figure is very clear and for the last two days it's been rendering two little candles with little shadows so now which was a support now seems a resistance.

The objective of the double top is the 1400 $ zone. Let´s see what happens!

If you want to $SHORT this ticker, that's your order:

BUY: anything under 2056 $.
STOPLOSS: Theory says to set the ceiling area but that´s too much IMO, that's a lot to put into risk. I would set some value below the 200 WMA . But it's up to you.
TAKE PROFIT: 1400 $.
BENEFIT: Around 30%

This is not financial advice. Do your own due diligence.


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.