BKNG - Short if VPVR BreaksIf VPVR breaks ($1227.07), we can start to see downside on $BKNG since all of travel is still struggling. I believe we can conservatively see '99 IPO price of $987.04 sooner, but considering the gaps in volume, I think we can see the March '12 support in a pretty bad scenario.
It's important to note, however, that the MACD is cooling off on the weekly and the MFI has diverged from the price action, so I think we may consolidate here.
