The PEAD projected a bullish outlook for $BKNG after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 100%.
Economic bubble is about to explode around the world, first signals are already here, it's a good time to close your operation and go short to the market
The PEAD projected a Neutral outlook for $BKNG after a Negative over reaction following its earnings release placing the stock in drift B with an expected accuracy of 77.78%.
Going sideways since 2018, Booking.com has not gained much ground. Despite claiming a new all-time high in 2022, the RSI has shown a loss in relative strength. Its very likely that this stock sees a 60% drop in value over the next 2-3 years. Holders should look for the most suitable exit in order to avoid more losses than necessary.
(Wave analysis has been...
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore...
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Fundamental Indicators:
Sector – Consumer Cyclical
US Business Cycle Stage – late cycle, when this sector is not favourable
Revenue – suffered significantly during pandemic period and 2022 TTM is showing revenue just shy of 2019 level, with 9% average annual rate
Profits – profits, however,...
The PEAD projected a Bullish outlook for $BKNG after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 60%.
The PEAD projected a Neutral outlook for $BKNG after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 75%.
Is it time for Booking Holdings to correct and let the steam out of the overpriced and struggling business?
Following Covid pandemic travel business has suffered the greatest blow for over a decade impacting all the areas of this industry. And it still has not fully recovered.
Specifically with this company the financial indicators speak for themselves:
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Another great time to look at BKNG again. Here we are again at the same resistance that we have made so much money off in the past. Another great setup for some nice cash. Wait till it breaks to get in.
The PEAD projected a Bearish outlook for $BKNG after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 80%.
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...
This is a nice one to watch in the coming days. Might take a few days or maybe just tomorrow to break this entry line. If we break the enter line, (and strong support 3 times in the past) this is a pretty safe short. I have made a lot of money of this Stock already..
We got ourselves a great setup for a swing trade. This could rip a few hundy or more before it's over. Get in after the enter is broken. Options are expensive so small accounts might have issues with this one. All time high is 2687 but I can see this breaking that possibly.
From the technical side, what do we have:
1. Divergences on CMF, RSI on the daily timeframe. The price is decreasing, and the MFI is growing, so there are buy-off purchases. We also keep the level of some. We are on EMA500
2. On the weekly chart, MFI also doubles the trend, but the rebound may be from EMA200, it is lower. With some further decline, a hidden...
