ABNB Trade IdeaABNB currently trading in a channel. Lower channel was retested and rejected on Friday. If price action (PA) stays above the lower support zone, Buy.
TP 214
SL 166
AIRB34 trade ideas
$ABNB could go either way,but leaning to the bull sideNASDAQ:ABNB I has been consolidating in a large range from around 174-214. It tapped the 173.50 support a couple of times last week and may be looking to reverse and head back up to to the upper end of the channel. The confirmation would be the hold of the support while also breaking through the trend line(green), this would also serve as your safe entry. First price target around 186.50, second 198 and ultimate around 210. If looking at options, if the break happens this week, you could play the 190C weekly if you are risky. Or the safer bet is the 190C or 200C for 4/16.
A bear case would have the price failing to hold support at 173.50 and continue to fall and hold trend, with targets to the down side of 162.40 and 145.50
$ABNB Triple Top- to $140?Airbnb shares formed the bearish triple-top pattern, which means they could fall even further, potentially to $140.
Next few days are crucial for AIRBNB!We are going to be testing the upper resistance line of the falling wedge soon.
If we break the upper resistance line and stay above the 50d MA then it's bullish.
If we get rejected at the upper resistance line, and cross below the 50d MA, then we are probably going to stay within the falling wedge for a bit longer
ABNB CALL SWING ENTRY POINT We have a great entry point for calls on ABNB assuming we hold support and bounce off the triangle.
AIRBNB IdeaG'day guys
Here some AIRBNB price movement projection. For those commenting either positive / negative i really appreciate you guys comment. This projection based on technical analysis and reading of current economic situations.
AIRBNB might another sector that huge effected during pandemic, that the reason the market share drop up. Yeah let's see what happen next with this pair.
Hopefully, everyone effected recovering soon.
Cheers.
formation for a swing being madewith 17% float in the short position at the time of publishing, it would be interesting to see when the squeeze takes place.
ABNB Stock 16/03/21 Analysis 4H ChartNASDAQ:ABNB
- Trend Analysis -
📑Value: 6/20
📈Growth: 16/20
💰Profitability: 16/20
🚀Momentum: 14/20
💸Earnings: 8/20
🖇️Total Score: 60/100
Data:
Volume 3.94M
Average Volume (3 months) 7.24M
Previous Close $209.99
Open $209.76
Shares Outstanding 120.78M
Technicals:
( Simple Moving Average )
10D SMA $189.26 (+6.09%)
50D SMA $183.93 (+9.17%)
200D SMA $56.66 (+254.39%)
Market Cap $123.89B
Total Debt $2.33B
Cash $6.39B
Enterprise Value $119.82B
Revenue $3.38B
Gross Profit $2.50B
Net Income -
EPS Diluted -$16.12
Free Cash Flow / Share -$2.35
ABNB LongIf breaks the triangle hop in to this play . Travel stocks are moving and will continue this week . Great play forming.
Long ABNB as the Nasdaq recoverBought yesterday @ $186.90.
Found great support @ 50 SMA.
Plays in the reopening theme. Great mutual fund ownership, top 6 funds own it per Marketsmith.
ABNB channel tradePushed back above its 20 day MA and channel today with the strong market.
Unless another corrections happens soon I think this will be the last dip below 200$..
Looking ahead with the country reopening and traveling more I can only see this stock going up
Yellow line - Support/stoploss
Greenline- Targets
Redline - Channel split/Resistance
$ABNBLet the chart speak for you. Do you see the way i see? Let me know if you think its bullish or bearish. To me, i see it going down for now. Get some ground and bounce back up.
I would appretiate your input.
Trade Safe.
P.S. Its pure technical i have no clue about the fundamentals.
ABNB - My SetupMy setup for Airbnb. Investing in the shared economy is a no brainer. People still want to live in their own bubble and airbnbs help customers do that. Luxury hotels will survive but everything else is at risk of being replaced. Good luck!
ABNB - My SetupMy setup for Airbnb. Investing in the shared economy is a no brainer. People still want to live in their own bubble and airbnbs help customers do that. Luxury hotels will survive but everything else is at risk of being replaced. Good luck!
ABNB watch it for a trade tomorrow, relatively weak todayA break of 180 is definitely bearish. I am looking for another move lower with markets in the next week or two. I have this stock on my watch list because it should make for a nice day trade.
Based on price action, you could take swing puts now with an exit over 185. You could wait for a stronger signal, which would be a break of 180. Or if price goes higher then tomorrow you can look for price to be over 185-186. See the daily chart also for context.
ABNB Bounce?Airbnb shares are consolidating on their support level, meaning they are likely to bounce soon. The MACD also just crossed, another great sign. Risk is extremely low; take profits at $210. Good Luck!
ABNB to $400 This Year?Airbnb Inc. is a company that allows people to rent out their houses to travelers. This is pretty revolutionary, as it allows people to literally make money while they sleep. Some people have even been able to quit their jobs and use Airbnb as their sole source of income. When you think about it, that's pretty insane. I think that this company has a tremendous amount of potential growth, especially after the pandemic is no longer a threat to the tourism industry. This stock may have the potential to hit prices like $600 in upcoming years. Good Luck!
Dunno??Perhaps support will hold
No recommendation
Possible head and shoulders )o: Not valid unless price breaks the support of the neckline.
