BKNG trade ideas
$BKNG Possible Bear Flag on Daily$BKNG Possible Bear Flag on Daily
Volume trending down on this leg up since March low. MFI flat.
ER this week. Could be a bloodbath. If they miss or give worse than expected guidance...I could see this thing revisiting $1,000 near term.
No position. Education not investment advice.
BKNG - Short if VPVR BreaksIf VPVR breaks ($1227.07), we can start to see downside on $BKNG since all of travel is still struggling. I believe we can conservatively see '99 IPO price of $987.04 sooner, but considering the gaps in volume, I think we can see the March '12 support in a pretty bad scenario.
It's important to note, however, that the MACD is cooling off on the weekly and the MFI has diverged from the price action, so I think we may consolidate here.
$BKNG:NASDAQ - BOOKING HOLDINGS - Dental Trade!Have a few trading friends who are Dentists and this is a good looking gap fill if I have ever seen one. Which of course means it will probably all go terribly wrong and head downwards. Momentum looks good, the market post Trump signing with China (until he didnt) all looks like good signs for a reasonable return. Well worth a watch - but keep an eye out (ie stops at the ready) when it gets closer to that secondary resistance area.
Bookings Holdings approaching all time high. As we look at the trouble airlines are having meeting demand, BKNG is a obvious benefactor. Developing economies worldwide are bringing a whole new generation of business and leisure travelers as disposable income opens up a world of possibilities. Bookings holdings has embraced the independent traveler by offering bespoke travel , from hotel. hostel, apartment, villa rentals, car and air travel comparisons.
BOOKING HOLDINGS INC.
Booking Holdings, Inc. is an online travel company, which provides travel and related services. It offers accommodation reservations including hotels, hostels, apartments, vacation rentals and other properties. The company provides services through Booking.com, priceline.com, agoda.com, KAYAK, rentalcars.com and OpenTable brands. It also allows consumers to easily compare airline ticket, hotel reservation and rental car reservation information from hundreds of travel websites at once through KAYAK. The company was founded by Jay Scott Walker on July 18, 1997 and is headquartered in Norwalk, CT.
BKNG, Booking Holdings Inc. - Failed H&S confirmed by BreakoutNASDAQ:BKNG
That's the breakout we were waiting for on a title that we like a lot about its fundamentals.
Head and shoulders that has not reversed the trend, stopped two years ago and that now has broken the level of the tip of the second shoulder of this fantastic pattern.
We enter Long allocating a small part of our portfolio to diversify as usual between our trading strategies.
finance.yahoo.com
BKNG, Booking Holdings Inc. - H&S or Failed H&SNASDAQ:BKNG
Which of the two levels will breakout the right shoulder of this head and shoulders on Booking Holdings Inc.?
We are ready for the next potential trend.
The important thing is always your risk management, the instruments you use (stocks and options), then come the classic patterns of technical analysis.