Booking Holdings Inc. Common Stock BKNG Trading Report

August 05, 2022, 20:45 pm ET, BY Jake B.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Technically, Booking Holdings Inc. Common Stock (NASDAQ: BKNG) provides opportunities for traders who are watching the price of the stock oscillate over time.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for BKNG change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if BKNG is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for BKNG too.  All of these are offered below the Summary Table.

Longer Term Trading Plans for BKNG

• Buy BKNG slightly over 1831.11 target 2099.80 stop loss @ 1825.82 Details

The technical summary data tells us to buy BKNG near 1831.11 with an upside target of 2099.80. This data also tells us to set a stop loss @ 1825.82 to protect against excessive loss in case the stock begins to move against the trade. 1831.11 is the first level of support below 1924.97 , and by rule, any test of support is a buy signal. In this case, support 1831.11 would be being tested, so a buy signal would exist.

• Short BKNG under 2099.80, target 1831.11, stop loss @ 2105.86 Details

The technical summary data is suggesting a short of BKNG as it gets near 2099.80 with a downside target of 1831.11. We should have a stop loss in place at 2105.86though. 2099.80 is the first level of resistance above 1924.97, and by rule, any test of resistance is a short signal. In this case, if resistance 2099.80 is being tested, so a short signal would exist.

Swing Trading Plans for BKNG

• Buy BKNG slightly over 1976.99, target 2099.80, Stop Loss @ 1971.28 Details

If 1976.99 begins to break higher, the technical summary data tells us to buy BKNG just slightly over 1976.99, with an upside target of 2099.80. The data also tells us to set a stop loss @ 1971.28 in case the stock turns against the trade. 1976.99 is the first level of resistance above 1924.97, and by rule, any break above resistance is a buy signal. In this case, 1976.99, 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 near 1976.99, target 1900.00, Stop Loss @ 1982.7. Details

The technical summary data is suggesting a short of BKNG if it tests 1976.99 with a downside target of 1900.00. We should have a stop loss in place at 1982.7 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, 1976.99, 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 1932.78, target 1976.99, Stop Loss @ 1928.27 Details

If 1932.78 begins to break higher, the technical summary data tells us to buy BKNG just slightly over 1932.78, with an upside target of 1976.99. The data also tells us to set a stop loss @ 1928.27 in case the stock turns against the trade. 1932.78 is the first level of resistance above 1924.97, and by rule, any break above resistance is a buy signal. In this case, 1932.78, 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 near 1932.78, target 1900.00, Stop Loss @ 1937.29. Details

The technical summary data is suggesting a short of BKNG if it tests 1932.78 with a downside target of 1900.00. We should have a stop loss in place at 1937.29 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, 1932.78, 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.

BKNG Ratings for August 05:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Weak
P1	0	0	1831.11
P2	1932.78	1900.00	2099.80
P3	1982.34	1976.99	2381.61

Support and Resistance Plot Chart for BKNG

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