ABNB daily analysisWhole trend down
Yearly trend up was broken (BOS)
July - September double top, trend down to 104.17 first stop. 86.85 second stop.
Daily trend down
Price below point of control (POC)
Abnbshort
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
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 - dark cloud cover - SHORTWe can observe a dark cloud cover pattern. Most likely there's more downside on ABNB therefore it may be a good moment to short ABNB.
Entry , stop loss and target are shown on the chart.
Good luck
