Booking Holdings (BKNG) recovered weekly MA40 (about daily MA200). The rebound is likely to have more to come. However, it seems to be forming a head-and-shoulder topping pattern, like the one from 2017 to 2020. In 2020, when it broke below weekly MA40 in the right shoulder (orange circle), the plunge accelerated. So, watch out for a weekly MA40 breach.
In addition, about 300 stocks recovered daily MA200. Click the link below to view:
360miq.com/screener?market=NYSE%20%2B%20NASDAQ&ma200=Close%20cross-over%20MA200
360miq.com/stockinfo?code=BKNG
