Learn to Evaluate (BKNG) using the Charts

January 26, 2024, 13:36 pm ET, BY Bill- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for BKNG

• Buy BKNG slightly over 3396.57 target 3596.53 stop loss @ 3386.76 Details

The technical summary data tells us to buy BKNG near 3396.57 with an upside target of 3596.53. This data also tells us to set a stop loss @ 3386.76 to protect against excessive loss in case the stock begins to move against the trade. 3396.57 is the first level of support below 3521.1 , and by rule, any test of support is a buy signal. In this case, support 3396.57 is being tested, a buy signal would exist.

• Short BKNG slightly under 3596.53, target 3396.57, stop loss @ 3606.92 Details

The technical summary data is suggesting a short of BKNG as it gets near 3596.53 with a downside target of 3396.57. We should have a stop loss in place at 3606.92though. 3596.53 is the first level of resistance above 3521.1, and by rule, any test of resistance is a short signal. In this case, if resistance 3596.53 is being tested, a short signal would exist.

Swing Trading Plans for BKNG

• Buy BKNG slightly over 3558.5, target 3596.53, Stop Loss @ 3548.22 Details

If 3558.5 begins to break higher, the technical summary data tells us to buy BKNG just slightly over 3558.5, with an upside target of 3596.53. The data also tells us to set a stop loss @ 3548.22 in case the stock turns against the trade. 3558.5 is the first level of resistance above 3521.1, and by rule, any break above resistance is a buy signal. In this case, 3558.5, 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 3558.5, target 3478.62, Stop Loss @ 3568.78. Details

The technical summary data is suggesting a short of BKNG if it tests 3558.5 with a downside target of 3478.62. We should have a stop loss in place at 3568.78 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, 3558.5, 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 3558.5, target 3596.53, Stop Loss @ 3550.2 Details

If 3558.5 begins to break higher, the technical summary data tells us to buy BKNG just slightly over 3558.5, with an upside target of 3596.53. The data also tells us to set a stop loss @ 3550.2 in case the stock turns against the trade. 3558.5 is the first level of resistance above 3521.1, and by rule, any break above resistance is a buy signal. In this case, 3558.5, 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 3558.5, target 3512.31, Stop Loss @ 3566.8. Details

The technical summary data is suggesting a short of BKNG if it tests 3558.5 with a downside target of 3512.31. We should have a stop loss in place at 3566.8 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, 3558.5, 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. (BKNG) available here: BKNG.

BKNG Ratings for January 26:

Term →	Near	Mid	Long
Rating	Weak	Neutral	Strong
P1	0	0	3193.94
P2	3453.26	3478.62	3396.57
P3	3512.31	3558.5	3596.53

AI Generated Signals for BKNG

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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet.  However, if we pay close attention we can see what is going on, and make good decisions.. The  Booking Holdings Inc. (NASDAQ: BKNG) report below can help you understand how to do this. The trading plans for BKNG, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.