A breather near all-time highs
Booking Holdings stock dips 1.2% after earnings jump, still hugging the highs
Our view last week
After last week's 11.2% post-earnings jump, Booking Holdings stock takes a breather: -1.1% this week. The technical picture still holds up, with the weekly ADX climbing and three of the four structural averages aligned. The stock is trading near its all-time high, an area already tested several times, and the trade — in its 8th week of a buy signal — is running with a gain above 20%.
This week's summary
After the 11.2% post-earnings jump two weeks ago, Booking Holdings stock is taking a breather: -1.2% this week. The stock is still hugging its all-time high, an area already tested three times over the past ten weeks, while the weekly ADX keeps climbing. Underneath, though, volume is contracting and the last candle shows the first signs of fatigue: the buy signal, now in its 9th week, is already up more than 20%.
IQS Phase
60
ordinary
Signal Strength
66
medium
Sizing
STANDARD
Ranking
#42 / 167
US stocks in progress
Trade P&L %
+22.03%
from signal to date, no stop loss
Rank position
ranks 42nd among the 167 Longs already running for US stocks in our ranking, with a signal strength of 66 out of 100.
Sector context
SectorConsumer Discretionary
Benchmark ETFXLY
Sector regimein strong phase
Performanceweekly -0.15% · monthly +3.51%
BKNG belongs to the consumer discretionary sector (reference ETF XLY). The sector is classified in strong phase according to our weekly reading.
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