Episodicpivot
$ABNB - Episodic pivot shortAfter a negative reaction to last earning of Air Bnb, a short episodic pivot has formed on the daily chart.
It still could need a day or two, until the 10day MA has caught up with the price.
Entry:
- break of 104.55 level (pivot point)
- Aggresive: touch of 10 ma (if it goes up tommorow)
Stop loss:
- Break of 10 ma
-Aggresive: upward break of pivot point
US Stock In Play: $HRT$HRT - 6 months into its IPO. latest post ER trading on 22/3 displayed an episodic pivot (@PradeepBonde) behaviour.
currently a HTF setup with declining wedge pattern on lowering volume. key level to be taken out coincides with VWAP from IPO and ER, and a flattening 10MA at $16