How the price action of Booking Holdings Inc. Common Stock ($BKNG) is used to our Advantage

April 23, 2023, 13:45 pm ET, BY Jolene W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for BKNG

• Buy BKNG slightly over 2253.72 target n/a stop loss @ 2247.21. Details

The technical summary data tells us to buy BKNG near 2253.72, but there is no current upside target from the summary table. In this case we should wait until either an update to the summary table has been made (which usually happens at the beginning of every trading day), or until the position has been stopped. The data does tell us to set a stop loss 2247.21 to protect against excessive loss in case the stock begins to move against the trade. 2253.72 is the first level of support below 2687.33, and by rule, any test of support is a buy signal. In this case, if support 2253.72 is being tested, a buy signal would exist.

• NONE . Details

NONE .
There are no current resistance levels from the summary table, and therefore there are no Short resistance Plans which tell us to short upon tests of resistance. Resistance levels have broken higher and unless the stock reverses lower and below support levels again short positions look risky.

Swing Trading Plans for BKNG

• Buy BKNG slightly over 2715.91, target n/a, Stop Loss @ 2708.07 Details

If 2715.91 begins to break higher, the technical summary data tells us to buy BKNG just slightly over 2715.91, with an upside target of n/a. The data also tells us to set a stop loss @ 2708.07 in case the stock turns against the trade. 2715.91 is the first level of resistance above 2687.33, and by rule, any break above resistance is a buy signal. In this case, 2715.91, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short BKNG slightly near 2715.91, target 2628.34, Stop Loss @ 2723.75. Details

The technical summary data is suggesting a short of BKNG if it tests 2715.91 with a downside target of 2628.34. We should have a stop loss in place at 2723.75 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 2715.91, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for BKNG

• Buy BKNG slightly over 2715.91, target 2716.80, Stop Loss @ 2709.57 Details

If 2715.91 begins to break higher, the technical summary data tells us to buy BKNG just slightly over 2715.91, with an upside target of 2716.80. The data also tells us to set a stop loss @ 2709.57 in case the stock turns against the trade. 2715.91 is the first level of resistance above 2687.33, and by rule, any break above resistance is a buy signal. In this case, 2715.91, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short BKNG slightly near 2715.91, target 2672.38, Stop Loss @ 2722.25. Details

The technical summary data is suggesting a short of BKNG if it tests 2715.91 with a downside target of 2672.38. We should have a stop loss in place at 2722.25 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 2715.91, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for  Booking Holdings Inc. Common Stock (BKNG) available here: BKNG.

BKNG Ratings for April 23:

Term →	Near	Mid	Long
Rating	Strong	Strong	Neutral
P1	0	0	1699.43
P2	2672.38	2628.34	1971.91
P3	2716.80	2715.91	2253.72

AI Generated Signals for BKNG

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Our job as #investors is to pay attention to the #stocks we own.  Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The  Booking Holdings Inc. Common Stock (NASDAQ: BKNG) data table below can help you with price action, and we have more details too. Trading plans for BKNG are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.