BKNG is an expensive stock; it id not get that way being a slouch. Summer travel is sixty days

away. The 2H chart shows the highs of February followed by a paradoxical fall with good

earnings. Traders wanted better. Price fell past the Fibonacci support zone and into

the lower VWAP band lines.


Fundamentally German regulators are suing BKNG for some issues with deceptive advertising

and promotions with partners. In the past week price again rose this time to stall in that same

Fibonacci zone. The predictive algorithm of Lux Algo forecasts a rejection here with the price

moving down. I will short a single share of BKNG here. The stop loss will be set at 3675

while targeting 3440 above a support zone. I am expecting of $175 in realized profits in 5-10

days.
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