ABNB headed to ATH?Nice breakout from ATH trendline.
Might see some consolidation /pullback on smaller Time frames.
Dips are buyable in my opinion.
ABNB trade ideas
ABNB IdeaOne of the stock I love to trade!
Also a good long term stock, imo.
For long position, I want to see this one hold 153 range in order to break downtrend
Should it fall below 150 with volume then I'm short target would be around the 2 Red lines in the bottom.
With the current market we have right now, the pandemic, and the economy, I don't see this one breaking and making new highs just yet. I can be very wrong and ABNB might go ballistic.
Any thoughts? I would very much appreciate it if you share what you think. Thank you for reading!
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abnb breaking out, a little resistance around 175s🧐abnb broke downtrend resistance, did a retest and successfully bounced off previous resistance.
Now we are approaching strong resistance at 174.24-177.03 these would by my short term price targets.
If it breaks 177 it could hit 187.76 before we see a big pullback.
like and follow for more 💘
01 dec 2021 trading analysis ABNB01 dec 2021
trading analysis ABNB
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.
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long possition for now because rebound STRONG SUPPORT 147XX and will be follow white line
let's see
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good luck, and happy profit
see you for next update
#keep learning bakkarianz metode
ABNB is on a major support, we might see a reversal soon!!Market Instrument: ABNB
Timeframe: D1
Analysis: Technical
Structure: Support and Trend Line
Prediction: Bullish
ABNB is on major support where we have seen a couple of strong bullish reversals formed. At the moment I have picked up a channel on the bearish trend formed and if we can find a good bullish reversal and a breakout on the trend line ( upper boundary ) created, then we might see a good bull ride to the upside close or above $175
ABNB 1/12/2022Daily Chart analysis
ABNB has been moving side-ways in a price channel since it went public back in Dec. ’20.
There are currently 3 major areas price has been respecting: 131, 170, 211.
After initially topping at around 211 area, price made a series of lower highs into 170 area before breaking down and finding support at the 131 area.
From there, price worked its way back to the 170 area where the 50ema held price up and catapult it back to the previous highs of 210.
Price rejected 210 level and was shot back down below 170 support area.
Price fell below 170 area but did not fall back down to 131 area. Buyers held the price up around 170 area and have now formed double bottom pattern. The buyer pressure here has prevented price from fallen below 152.
I will be entering this trade looking to take a swing from 170 to 210.
Entry: 170
Stop loss: 147.25
Target: 210
Head and Shoulders Price has broken neckline. There is not a confirmed downtrend yet.
Previous head and shoulders pattern noted. It appears there was a double bottom, then price resumed and uptrend before forming another head and shoulders pattern.
This pattern does best in a bear market as the neckline is a strong source of support, until it is broken. Then it becomes resistance.
No recommendation, sorry for the lines versus candles, but I can not get my candles back right now for some reason.
Just a bad day I suppose )o: I am tired of seeing bad patterns as of late.
Airbnb does not look good right now!Looking at the chart from a technical perspective, Airbnb seems to be heading to the lower end of the downtrend channel, as the Lower High and Lower Low Pattern indicates.
RSI would need to calm down as well and even dip into the oversold area at least on a daily basis.
Next stop imo is around 120 USD
If there are no new events like "COVID is gone" or anything in that direction, I do not recommed to go long on #ABNB right now.
What is your opinion? Help the community and comment.
PS. No financial advice! Just my opinion.
