ABNB Airbnb Options Ahead of EarningsIf you haven`t sold ABNB on this valuation thesis:
Then analyzing the options chain and the chart patterns of ABNB Airbnb prior to the earnings report this week,
I would consider purchasing the 150usd strike price in the money Puts with
an expiration date of 2024-2-16,
for a premium of approximately $7.70.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Abnb
ABNB: price structure The macro structure is bullish from Dec'22 low with important price zones at: 198-217, 227-260 and 282-322 as inter-mediate and ultimate resistance areas for suggested impulsive structure.
The gap-up set-up on earnings today is in the cards for price to move towards 198-217 area. But if price decides to consolidate more138-128 area should be an important support zone.
If price goes bellow 128 suggested price structure needs to be revised.
Thank you for your attention!
Airbnb: Unlocking Unique Experiences and Soaring Stock PotentialNASDAQ:ABNB the biggest hotel company that owns no hotels (funny how things work eyyy) has underperformed since its IPO in 2021.
We are finally starting to see its stock price catch up with its value. As more people travel and seek unique local experiences, the demand for Airbnb's platform is bound to grow in leaps.
Strong Financials: The company is highly profitable which is rare among tech companies, posting +4 Billion in Q3 2023.
Innovation: The company recently launched a new service called "Airbnb Experiences," which allows travelers to book unique experiences in the destinations they visit. This new service has the potential to drive further growth for the company.
Technical Analysis: The stock price is facing a significant resistance at $151, and a breakthrough could lead to substantial upward movement. I'll be monitoring this closely for an attractive entry point.
Airbnb's Bold Fee Move and the Road to Global ExpansionNavigating New Horizons:
Airbnb (NASDAQ: NASDAQ:ABNB ) has once again captured investor attention with a strategic move that sent its shares soaring 5%. The announcement to increase fees for cross-currency bookings is not just a financial adjustment but a bold step towards unlocking the vast potential of international markets. We'll explore the implications of Airbnb's fee hike, the broader international expansion strategy, and the market's nuanced response.
Unlocking the Global Opportunity:
The 5% surge in Airbnb's ( NASDAQ:ABNB ) stock following the revelation of increased fees for cross-currency bookings speaks volumes about investor sentiment. While the additional charge of up to 2% might seem like a modest adjustment, the real story lies in Airbnb's visionary approach to tap into the immense potential of international markets.
During the Q3'2023 earnings call, Airbnb's management emphasized a 17% growth in cross-border nights booked, showcasing the company's traction in global travel. The letter to shareholders highlighted the recovery of the business in the Asia Pacific region, where gross nights grew 23% in Q3 2023 compared to Q3 2019. Notably, China's outbound travel surged by over 100%, underlining the effectiveness of Airbnb's strategies in a key market. Smaller Asia Pacific markets, including Taiwan, the Philippines, Thailand, Hong Kong, and Indonesia, experienced impressive year-over-year growth above 30% for gross nights booked.
Market Perception and Volatility Analysis:
Amidst the excitement, it's crucial to interpret the market's response to Airbnb's ( NASDAQ:ABNB ) fee adjustment in the context of the company's historical stock volatility. With 16 significant moves greater than 5% in the past year, today's 5% surge indicates that the market perceives the news as impactful but not transformative to the fundamental outlook of the business.
Reflecting on the past year, the most notable move occurred nine months ago when the stock dropped 10.6% following a mixed quarterly report. While Airbnb ( NASDAQ:ABNB ) beat analysts' expectations in gross bookings, revenue, earnings per share (EPS), and free cash flow estimates, concerns arose with weaker guidance for key metrics in the subsequent quarter. The dip was attributed to changes in the expected timing of marketing spend relative to the prior year, coupled with a projection of a similar EBITDA margin for 2023 compared to 2022.
Year-to-Date Performance and Investor Returns:
As of now, Airbnb ( NASDAQ:ABNB ) is up 11.7% since the beginning of the year, trading at $150.09 per share—close to its 52-week high of $153.33 from July 2023.
Conclusion:
As Airbnb ( NASDAQ:ABNB ) navigates the dynamic currents of the market, its fee adjustment for cross-currency bookings is not just about revenue enhancement but a strategic move to capture the global travel resurgence. Investors are presented with a compelling opportunity as the company solidifies its position in under-penetrated markets, with the Asia Pacific region serving as a testament to its recovery.
Bearish Sequence - ABNBHere we have AirBNB Stock which has been declining since July 31st. After the failed attempt of a Higher High on Sept. 12th followed by a Lower Low on Oct. 27th that exceeded the Previous Low on Aug. 18th.
Which leads me to believe that history will repeat itself where we should get a Lower High in the 129.97 - 127.74 range followed by a Sequence Target range of 100.12 - 88.07 with the potential of Support hovering above this Target @ the 104 - 103.5 area!!
Fundamentally, AirBNB executives have been selling shares their shares.
www.tradingview.com
*If price decides to Break Up and Close Above the BC zone, the Bearish Sequence is INVALIDATED
It is the time to buy ABNB for me nowHere is my Simple analysis about buying $ABNB.
As shown on the chart the stock is moving up and making HH and HL since December 22,
And now it is on the HL trend line and it seems that it respecting its trend line.
My Opening positions price is 125 USD
Frist Target is 140 USD
Second Target 150 USD
My final Target 175 USD
Stop Loss is any one hour close below 122 USD
Share ME you Opinion about Airbnb
airbnb is a good opportunity to buyHello, according to my analysis of airbnb stock, there is a great investment opportunity. The stock looks positive with the side channel broken. And the resistance at 130 was broken there. We also notice the strong green candle that formed on the daily time frame. It indicates a strong entry of buyers into the market. Finally, good luck to everyone
ABNB looking to reverse a retracement LONGI look to see if ABNB will bounce from a 0.5 Fib Level and continue a trend up. This is shown
on a reliable daily time frame chart showing an unusual reaction to decent earnings. I will
watch for support and then reversal on that fib level. I will go down to 30-60 minutes to
find the entry. The chart has the death cross MAs and a confluence of the long MA with
the fib levels.
Airbnb stock is now in the second bandAirbnb stock is now in the second band
This figure shows the weekly candle chart of Airbnb stock. The graph overlays the recent low points against the golden section. As shown in the figure, Airbnb stock is now in the second band after bottoming out, and it is likely to retreat below the 1.382 position of the golden section in the figure before starting up again! The bullish target for the next wave of Airbnb stocks is around 2.382 on the golden section in the picture!
BKNG - Rising Trend Channel [MID -TERM]🔹Breakout the ceiling of rising trend channel in the medium long term.
🔹Supports 2770 in negative reaction.
🔹Technically POSTIIVE for medium-term long-term.
Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️
Airbnb (ABNB) | Breakout, Confirmed With July Close!Hi,
Again, buy the strength, and this time - Airbnb (ABNB)
Started in 2008, Airbnb is the world's largest online alternative accommodation travel agency, also offering booking services for boutique hotels and experiences. Airbnb's platform offered 6.7 million active accommodation listings as of March 31, 2023. Listings from the company's over 4 million hosts are spread over almost every country in the world. In the fourth quarter of 2022, 47% of revenue was from the North American region.
Airbnb has managed to push above strong areas which is confirmed by July close. A monthly close is the best confirmation on that occasion and currently, the price of ABNB has already started to retest the breakout area.
Basically, $125 to $145 was the area that played an important role in the previous price action - it has worked as a support level, and after the break below it has acted as a resistance level. In the short history of date, we can say that this area is the key zone for Airbnb and the price is finally above it which allows calling that technically it would be a good place to buy.
The monthly close was also above the mid-round number of $150 which is a minor win but we will take it and definitely adds a bit of strength to the retest area.
* Considering technical analysis then the optimal buying zone should stay between $125 to $142
* Target updates going to the chat room!
Good luck!
ABNB - Setting up for a big run
Trading above 600 DMA ++
Golden cross pending. Price move to 160 in next few weeks, would make that happen.
Inverse H&S pattern with the critical pivot line at 130.
It will continue to ramp to 160. Quite a bit of selling to be absorbed until then. Next earnings are likely to start a fire to send this to 200.
Bear case : Keeps selling below and breaches 115. Most likely will test ATL.
No position yet, but I will go long next week once it backtests 130.
Trading is Patience #ABNBOnce you have selected a stock with decent fundamentals (review every month if the stock still fundamentally sound), then you just need the chart to tell you when to buy it.
Trading is all about waiting/patience.
When price is below the 20/50/200, you stay in cash. You wait.
When price is above 20/50/200, you wait for a base/pullback and a trigger.
In this example, there was a decent gap up breakout but got stopped out. So what? A good system just need a 30-40% winning rate.
Look for a base and you WAIT.
Airbnb: Holiday home with pool 👙🩳Could you do with a holiday? For Airbnb, there is a nice turquoise pool waiting below the support at $107.10, stretching between $105.87 and $89.00. Thus, the share should hop below $107.10 and dive into the bracing water to complete wave 2 in turquoise. Once refreshed, Airbnb should turn upwards and rise from the pool to continue the overarching ascent. However, there is a 30% chance that Airbnb might have already finished wave alt.2 in turquoise, which would be confirmed by a direct upwards movement above the resistance at $144.63.
Airbnb (ABNB): Lowered Guidance Overshadowed A Good QuarterTrend Bearish
The first thing to make clear here is that companies are not required to say what they expect from the next quarter or year. Many do in order to offer some kind of transparency, but they are not obligated to do so, legally, or otherwise. That became clear during the pandemic when, faced with massive uncertainty about supply chains and consumer behavior, many firms that had previously offered guidance stopped doing so.
Their Q1 results have been completely overshadowed, but they show a company that has achieved profitability and, more importantly, has shown that they can maintain that even in a tough quarter. Over the next few months, that will drive the stock, and not the realistic expectations for a downturn as higher interest rates slow the economy.
ABNB - Falling Trend Channel [MID TERM]- ABNB is in a falling trend channel in the medium long term.
- An inverse head and shoulders formation is under development.
- A decisive break of the resistance at 145, ideally with an increase in volume, signals a further rise.
- The stock is between support at 110 and resistance at 126.
- The RSI curve shows a rising trend, which is an early signal of a possible trend reversal upwards for the price as well.
- Overall assessed as technically neutral for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
*Chart Pattern:
DT - Double Top | BEARISH | RED
DB - Double Bottom | BULLISH | GREEN
HNS - Head & Shoulder | BEARISH | RED
REC - Rectangle | BLUE
iHNS - inverse head & Shoulder | BULLISH | GREEN
Verify it first and believe later.
WavePoint ❤️