ABNB had a sell off without a valid reason. The market overreacted to COVID cases spiking but that will be forgotten about shortly. ABNB retraced to the .618 which held up perfectly despite the ridiculous $14 drop at the open Friday. I'm sure market makers had nothing to do with that, they would never purposely manipulate price making tons of options expire OTM lol.
Volume almost 10X'd in the last hour Friday. I expect a quick rebound to $205. Looking at 12/3 ATM calls. Blue EMA cloud is also acting as support on the 4 HR time frame.
Volume almost 10X'd in the last hour Friday. I expect a quick rebound to $205. Looking at 12/3 ATM calls. Blue EMA cloud is also acting as support on the 4 HR time frame.
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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.