Booking Holdings (BKNG) stock has fallen 18.4% in the past four weeks but may be poised for a reversal. The company’s Relative Strength Index (RSI) of 23.69 indicates it’s oversold, suggesting a potential rebound. Additionally, analysts have raised current year earnings estimates, and BKNG holds a Zacks Rank #2 (Buy), further supporting a positive outlook.
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Down 18.4% in 4 Weeks, Here's Why You Should You Buy the Dip in Booking Holdings (BKNG)
Booking Holdings (BKNG) stock has fallen 18.4% in the past four weeks but may be poised for a reversal. The company’s Relative Strength Index (RSI) of 23.69 indicates it’s oversold, suggesting a potential rebound. Additionally, analysts have raised current year earnings estimates, and BKNG holds a Zacks Rank #2 (Buy), further supporting a positive outlook.