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Wajeeh Khan

How Should You Trade Booking (BKNG) Stock After Share Split, New 52-Week Low?

BKNG Booking Booking Holdings Iran Truist Securities

Booking Holdings (BKNG) stock hit a new 52-week low on Monday amid continued escalations between the U.S. and Iran. 

As President Donald Trump issued a stark ultimatum regarding the Strait of Hormuz, threatening a major military strike on Iran this week, BKNG tanked below its 20-day moving average (MA), signaling a near-term downtrend ahead. 

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