ABNB looks like it shook out weak hands last weekABNB looks like it shook out weak hands last week and put in a nice doji reversal candle. Now testing it's downtrend. Been watching this 181.50 level to buy above for a move back to its ATH.
ABNB trade ideas
$ABNB - AIRBNB INC Support Zone
Potential for a reversal after quite a nasty selloff in recent weeks.
Potential support zone includes =
- Fixed Range POC
- Volume Shelf
- Fibonacci Golden pocket
Alerts set for a move above $157.50 for a scale in entry
First major resistance will be the EMA's and Pivots $161 - $167
ABNB - Good case $196, Best case $215, Bad case $160Good case $196, Best case $215, Bad case $160
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
$ABNB Butterfly for the bounce Hey guys watching ABNB for a nice bounce off 155 level @ 1.272 extension, Stop is just below 1.414 @ 148, aiming (TP’s) 382% and 618% and w market strength top of pattern (doubtful)
ABNB Descending Triangle NASDAQ:ABNB
ABNB Descending Triangle Bilateral pattern. Looking for a break of the downtrend daily channel its been for the last 5 weeks. possibly a reopening name & can possibly see a run up before earnings later in May. The monthly May options 190c or 195c is how i will trade this set up. One risk to be aware of is this name is sensitive to rates increasing causing growth stocks to show some relative weakness as we've seen in early march.
Today i went long the monthly may 195c & hedge the position by shorting the 190c expecting a lot of choppiness & premium decay due to EOM rebalancing tomorrow.
ABNB at a crossroadLooks like it can break up or down tomorrow. With low volume support and inflation concerns, I'm thinking it'll break down along with the rest of the market. Up to $181-182 and down somewhere between $161 -167. If it breaks down, I'll be looking for an opportunity to buy somewhere below $144.00.
ABNB: Breaking down of channel. Could see 168 nextBroke down of pennant pattern.
Next levels are 168, 161...
ABNB LONGEntry 168-170
Target 200-250
This stock is in a channel so be careful at resistance where the trendline is... Right now is at the bottom of the channel so good time to buy and dollar cost average if possible.
Support has been holding at the 165-168 zone for 2 months give or take (every time it touches this area it bounces back)
top of the channel is $200 if that gets rejected... down we go again so do watch that level carefully!
This is a recently listed stock so theres not much data so keep that in mind if you are conservative !
Overall ABNB is good to hold long term, I personally will see how price action behaves at different resistances zones.
ABNB - Bullish Mornng StarSince peaking on 11 Feb this year, ABNB has been establishing a support zone between 162-170. Today it formed a mornng star pattern right in this support zone.
Expect an upswing next. Should trade goes our way, I would consider to scale out partially between 192-195 and ride the rest with trailing stops.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)
ABNB Descending Triangle BreakdownJust broke down from the descending triangle, and closed below the 171 support level on the daily. Things are looking bearish.
$ABNB Let's see Bullish Butterfly Watch prz close for bounce here, bullish price action only, get stops to break even and take profit when you can in this climate
Weekly Watchlist April 19-23Here are some breakout plays that I am considering this week. Not buy recs, just ones that have a lot of potential and could surge to new highs soon. I may post on some of these throughout the week if I see a really good setup. As you can probably tell from the title, I am planning on posting watchlists like this weekly, so like and follow for more :) Good Luck!
My Watchlist:
$ABNB
$F
$CVAC
$SQM
$VSTO
$NET
$NVAX
$PANW
$UPWK
$GE
Important support levelcurrently sitting on a trendline, weekly candle made a possible reversal. Needs to be on watch for a move either direction from here. For the long side careful of the 20sma above its on last weeks high 181.49 and it may not break on the first attempt
ABNB Projection Elliot's wave movement in the previous trend.Now, the price could jump to the next resistance and meet the 100% level of the Fibonacci extension.
ABNB IdeaG'day Guys. Hows going?
Today let's start with ABNB. This pair kinda effected a lot during pandemic. Let's hope their stocks build up once again.
From my perspective, this pair on the recovery structure. I don't read much about them but i analyst based on experience and human behavior
which is considering human behavior internally (Company itself) and externally (Consumer)
Let's what happen next on this pair. Cheers
ABNB 6 test breakdownABNB has tested the 174 area 6 times now, with each test taking out demand and making the support level weaker. It is also underneath all its moving averages which is another bearish sign. Looking for this to break below 174 down to the next area of support around 162.
$ABNB- Time to Sell or Time to Buy More?Option 1 (Orange):
$ABNB is forming a wedge formation and is likely to breakout soon, possibly past that $216 resistance level.
Option 2 (Red):
$ABNB has formed the bearish triple top pattern and is likely to fall further, possibly to that $140 zone, before turning to the upside.
Option 3 (Blue):
$ABNB is forming a new uptrend after seeing growth too steep to hold in the weeks following the IPO.
My Outlook:
I think that Airbnb has enormous potential as a company, especially as we climb back from this pandemic. The vaccines are out, and a huge number of Airbnbs and Vrbos have been booked for this summer. Personally, I would say option one is the most likely outcome, but I am also wary of that triple top formation. If it breaks that bottom support trendline this could potentially fall all the way to $140.
Sine Wave Play? Maybe.As long as $ABNB keeps above $177 and getting more volume.
It could possibly be a sine wave play.
Wait patiently and see if it gets its momentum back.
Target: $200 +
For self-education use only. Not financial advice.
ABNB coming off support with a dojiComing off a trendline with a doji close. Looking for a reversal play coming into the week.
ABNB (Consolidation till Monday)Waiting for confirmation (MA Cross) using the 5 minute timeframe. Will be buying call options with a strike price of 192.5 expiring one month from then at closing. Good luck!
