Booking has continued to face persistent counter pressure to the upside, which resulted in only limited downward movement. We still primarily expect that, within the current magenta downward impulse, price will move closer to—and eventually fall below—the support level at $4,093. However, if stronger upward momentum emerges and pushes price above the $6,101 resistance, we will then have to consider the stock as remaining in a broader uptrend, with the potential for a new high in blue wave alt.(I) (probability: 37%).
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📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.