6Z1 trade ideas
Long $ABNBThe yellow arrow and red volume bar represents the expiry date of the 'lock up' of shares of insiders. All those VCs, insiders, and early-day employees who didn't want to hold ABNB shares are gone. This is one reason for it's well-defined risk level.
Now, ABNB is poised to take advantage of the reopening. Air BNB has "signed agreements with more than 100 countries, cities, and municipalities"..."governments are reaching out because they want support from us,” he says. “They are seeing massive shortfalls in tourism,” which, he adds, is “wind to our back.”
www.seattletimes.com
ABNB swing tradeI am entering into a swing trade with ABNB based on the following
Chart:
- Has support between 120 and 140.
- support from its early trading days
- Price beat down badly but I am seeing that people in North America are getting vaccinated and I am making a bet, that in the summer time, people will not be able to travel outside the country but will gather and B&B will get some good business back during the summer months.
This is a summer long swing trade. Stop loss at $120.
The dream would be to build up to 170 and sell at that point, unless it carries on going up, then holding to 200. I am in an options call trade for this equity that expires in October.
AIRBNBFriday, 28 May 2021
21: 03 PM (WIB)
AIRBNB will be end of the monthly candle in 6 hours again. It is having huge possibility to moving higher after the downtrend ended. Not fast, because low volatility indeed. But it is also easier to predict and the most important thing is, Low risk. Now, it is near the end of the downtrend, and the chart price already showing the strong movement with creating an engulfing formation. I will keep it only when it reach 0.5 F.
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
Possible breakout in Airbnb after earnings consolidationChart pattern suggestive of break-out potencial after earnings consolidation and rejection of downwards trend continuation.
Looking for 138$ breakout and 141$ level for confirmation.
If broke, next resistance only in the 154$, so a trend reversion is likely confirmed. Playing with stock and short term options (1-3 weeks).
Airbnb - Terminator is Back!-In its recent shareholder letter, management said, "Guests aren't just traveling on Airbnb, they are living on Airbnb." In the first quarter, 24% of nights booked were for stays of 28 nights or longer. While that's a function of the pandemic, it's also a sign of what's likely to be a lasting trend. Remote work has become popular during the pandemic, and a hybrid model seems likely to persist even when offices reopen. Management added, "An increasing number of guests are discovering that they do not need to be tethered to one location to live and work."
-The remote work trend is a significant tailwind for Airbnb as it once again demonstrates an advantage it has over hotels. By offering complete homes with kitchens and workspaces, it can accommodate remote workers in a way that hotels can't. Similarly, it demonstrates one of the best use cases for the platform for both hosts and guests.
-Over the last four quarters, even with the challenges from the pandemic, Airbnb has posted a profit in both adjusted EBITDA and free cash flow. During that time, Airbnb reported $24 million in adjusted EBITDA and a free cash flow of $405 million.
-The company posted a wide loss in 2019 as it scaled up its business and invested in new products and marketing. But it was solidly profitable as recently as 2018 when it finished the year with $170.6 million in adjusted EBITDA on $2.6 billion in revenue.
-The company's marketplace model also tends to be highly profitable at scale as Airbnb makes money taking commissions on bookings. It only needs to keep its platform up and running and make sure its users are satisfied. It doesn't have to deal with real estate or cleaning the way most hotels do.
$abnb Good Company, That Fell Short With corona and real estate troubles. This service orientated stock is looking to curl with consumers as market and economy seems to be opening up. Airlines , Service, and Hospitality is looking to rebound run coming off a weak last year on fire with a HOT summer and fall. I am LONG !
$ABNB Consolidation or breakdown?ABNB was hit hard this month but might start seeing some recovery in the coming weeks. Big dark pool prints came in last week along with bullish calls. Whether it's a momentum play or something larger we'll see soon. The purple lines indicate strong support and resistance levels. RSI looks like it wants to sell off a bit more before any recovery happens. So far it's trading in a tight range close to resistance 137.81. If broken, 144 can trade. The only reason why I am still neutral is the impulse move down that appears to want to culminate near all time lows. If we don't trade lower, then wave 5 was neat the 1.618 and we are starting a corrective wave.