Trading Doordash Inc. Class A $DASH With Integrated Risk Controls

November 03, 2023, 10:15 am ET, BY Jeff W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for DASH

• Buy DASH slightly over 82.46 target 90.90 stop loss @ 82.22 Details

The technical summary data tells us to buy DASH near 82.46 with an upside target of 90.90. This data also tells us to set a stop loss @ 82.22 to protect against excessive loss in case the stock begins to move against the trade. 82.46 is the first level of support below 89.39 , and by rule, any test of support is a buy signal. In this case, support 82.46 is being tested, a buy signal would exist.

• Short DASH slightly under 90.90, target 82.46, stop loss @ 91.16 Details

The technical summary data is suggesting a short of DASH as it gets near 90.90 with a downside target of 82.46. We should have a stop loss in place at 91.16though. 90.90 is the first level of resistance above 89.39, and by rule, any test of resistance is a short signal. In this case, if resistance 90.90 is being tested, a short signal would exist.

Swing Trading Plans for DASH

• Buy DASH slightly over 90.90, target n/a, Stop Loss @ 90.64 Details

If 90.90 begins to break higher, the technical summary data tells us to buy DASH just slightly over 90.90, with an upside target of n/a. The data also tells us to set a stop loss @ 90.64 in case the stock turns against the trade. 90.90 is the first level of resistance above 89.39, and by rule, any break above resistance is a buy signal. In this case, 90.90, 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 DASH slightly near 90.90, target 82.46, Stop Loss @ 91.16. Details

The technical summary data is suggesting a short of DASH if it tests 90.90 with a downside target of 82.46. We should have a stop loss in place at 91.16 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, 90.90, 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 DASH

• Buy DASH slightly over 90.90, target n/a, Stop Loss @ 90.69 Details

If 90.90 begins to break higher, the technical summary data tells us to buy DASH just slightly over 90.90, with an upside target of n/a. The data also tells us to set a stop loss @ 90.69 in case the stock turns against the trade. 90.90 is the first level of resistance above 89.39, and by rule, any break above resistance is a buy signal. In this case, 90.90, 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 DASH slightly near 90.90, target 88.61, Stop Loss @ 91.11. Details

The technical summary data is suggesting a short of DASH if it tests 90.90 with a downside target of 88.61. We should have a stop loss in place at 91.11 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, 90.90, 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 Doordash Inc. Class A (DASH) available here: DASH.

DASH Ratings for November 03:

Term →	Near	Mid	Long
Rating	Strong	Neutral	Strong
P1	0	0	74.52
P2	81.14	73.47	82.46
P3	88.61	82.43	90.90

AI Generated Signals for DASH

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Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Doordash Inc. Class A (NASDAQ: DASH) report below can help you, but we have more details too. The trading plans for DASH, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.