Booking Holdings (BKNG stock): It's possible a move above the $2222 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.
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Author
AAATrade Team
AAATrade
The AAATrade Team has extensive experience in content writing for the financial industry. Stelios Nikolaou is the lead writer of the team, he currently works at AAATrade to provide research and content writing services.
