$BKNG released their earnings yesterday and although it was a beat, they also gave a lower Q3 outlook, in line with $AMZNs guide.
Consumer spending is tightening up, not just in the US but across the globe.
Remember this is a chart I built over 12 months ago, showing the Wave 3 target, just hit shy of the target leading to earnings and I believe Wave 4 is well underway now, I have added the 0.38 Fib to show where I expect the pull back to move to, but be cautious of the yellow support line, this could easily hold as support, resulting in Wave 4 completing.
A hold here and I would love to add $BKNG to my portfolio, I use it several times a month and believe it is a great product.