Analyst Observations | Nasdaq Dorsey Wright

Comments include: BKNG, MSTR, & WOR.

BKNG Booking Holdings Inc. ($171.62) - Leisure - BKNG broke a spread quintiple bottom and completed a bearish catapult at $170 for a second sell signal since peaking at $216 in August. The breakdown takes out support that dated back to July this year and follows a negative trend change within the past week. This also brings the market RS chart within one box of reversing down into Os, leaving a potential technical attribute at risk. From here, support now lies at $166 and $160, while the 2026 chart lows reside at $152.

MSTR Strategy Inc ($130.45) - Software - Shares of MSTR broke a double bottom at $126, ending its streak of three consecutive sell signals. The 4 for 5'er has rallied off of its lows this summer, moving back into a positive trend and picking up relative strength. While the stock is now a technical buy, it remains highly volatile due to its ties with bitcoin, so investors should keep a close eye on the cryptocurrency if they plan to invest. From here, initial support lies at $122.

WOR Worthington Enterprises Inc. ($54.36) - Steel/Iron - WOR fell to a sell signal and a negative trend Tuesday when it broke a double bottom at $55, where it now sits against support. The negative trend change will drop WOR to a 1 for 5'er.

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