Technically I like the price action for ABNB, despite it sitting in a supply zone. Difference between now and in the past is the momentum is confirming the move. Some may look at Zillow and base that decline and sentiment as an overlay onto the rental property business - but I think they're not as correlated as many speculate.
Bullish outlook on ABNB with targets identified into the upper supply zone.
Bullish outlook on ABNB with targets identified into the upper supply zone.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.