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baasix
Aug 10, 2018 7:54 PM

Booking Long Term Buy? Long

Booking Holdings Inc. Common StockNASDAQ

Description

- RSI below 30
- Around Fibonacci retracement support level 1914
- Around Trend Based Fibonacci Extension 1897 support level
- MACD: increasing momentum. However, previous momentum streaks were 10-30 days so I would suggest to wait a bit longer.
- Price dives under Bollinger Bands
- High volumes

Conclusion: wait till panic selling stops (RSI goes up, price back into Bollinger Bands, volumes back to normal). Then get in around 1900 and hold for at least a 10% swing within a year. Target levels at 2050 and 2180.
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