Today’s instrument is Booking Holdings Inc.‘s stock traded on the Nasdaq exchange under the ticker BKNG.
When we look at the BKNG ‘s chart, we can see that in the pre-market hours, the price is falling from the closed price of $1966.50 to around $1917. The drop is due to the announced quarterly earnings where it missed the estimated revenue. Therefore today we could see it falling towards its big support level of around $1800-$1830.
(Click on image to enlarge)
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