Booking Holdings: An Expected Move Close To And Possibly Above The $2222 Closest Resistance Level

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 its gradual fall from the $2350 range to the $2150 initially and further down to the $2000 level during yesterday’s session where it managed to form support. It was last found trading at the $2102, having overhead resistance at the $2222 range.

Booking Holdings Inc. had scheduled a quarterly earnings announcement yesterday 04/05/2022, in an after-hours session. Both EPS and Revenue exceeded expectations, beating the Q1 estimates. 

Today we can expect a move close to and possibly above the $2222 closest resistance level.

If however, it doesn’t manage to hold on to the current level then a move towards and below the $2000 closest support level can be expected.

(Click on image to enlarge)

Booking Holdings Inc.

Disclaimer: Trading is risky. Information presented herein is not to be construed as a solicitation or an offer to buy or sell any Financial Instrument or to participate in any trading ...

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.