BKNG golden fib

3 thg 11

BKGN has rather quickly hit the golden fib, a rejection candle arises. The stochastic and daily RSI are overheated. I expect a pullback to 4160. This would be healthy for future reasonable growth. Volume is also falling on average. The 5 EMA is also vert far from current price, the stock needs to revisit. I have seen many a titan reject at the golden ratio including QQQ and SPX recently.