Analaysis
AirBNB for the rollercoaster. How to play this exciting IPOTeam,
Happy Trading, in this video I go over the price action for the newest IPO AirBNB. I went long at the open and sold way to early. Once we ramped up and trapped a lot of people we sold off below our initial offering. I had a bid to go at $139 which was 2 points away from the low. I expect us to ramp back above $150 tomorrow once the buyers who normally trade open come in. NASDAQ:ABNB
Bitcoin at a very Critical Area, a $12,000 bitcoin in sight !We are at the top of the long term bear market trend line. If we break this trend line I see #bitcoin rising quickly to the 12k area which has major resistance. I'm bullish right now considering the halving is 5 days away. If we can't hold in this area we should follow the yellow lines I drew. I still believe the bottom is in and we are finally in a #bullmarket !
Tesla is due for a major correction! As you can see Tesla has had 2 parabolic run ups in a short period of time. I'm a Bull on a macro level and believe Tesla will be one of the biggest companies in the world. The hype machine needs a healthy pull back in order to rise at a realistic price in the future.