AirBNB set to climbAirBNB broke the resistance holding it back yesterday and is poised to make some moves today. Target entry <$200 and target exit $214.
First time posting an idea and definitely not giving advice. I just like the direction ABNB stock is going and it fits the longer trends for the companies stock.
6Z1 trade ideas
$ABNB Double Bottom RSI 4HNote double bottom on RSI, 4h.
Nearly same price action move % wise at the beginning of current pattern. Channel being respected.
Watch for RSI to break key levels of resistance painted here on chart. Set alarms.
MACD showing some negative momentum exhaustion.
Basic trading ideas here.
Not advice. Just telling you what the indicators say.
As always, wait for confirmation.
Why I Still Keep My $ABNB Short.I shorted ABNB @213 based on fundamentals. The company makes no money, trades with crazy multiples, and has negative cash flow. Given that the market was getting shaky this is exactly the fragility I was looking for in my short. Just by pure luck, it turned out to the top (so far). Looking at the chart now, I also get some inspiration from the technical side. There is a possible H&S with a 140 or so target.
AIRBNB - Nice touch to the Support!AIRBNB, the future of the hospitality industry is reaching its first earnings report since the IPO!
-CCI looks bullish having the current price standing below the average.
-Chart looks bullish as well standing at a very close point to the support!
Wait for a reversal or a touch to the support, once either of them is done get in!
For the ones who are long-term on this, then, the current price is already a good entry.
Air BnB follow the Yellow Fib Road Air BnB Printing a Fresh ATH Recently and now pulling back towards the .66 as per the chart ... Climbing up a Acending Channel Since its inception in December with healthy pullbacks along the way .
If this trend is to continue then we shall fall down to the 190 region before a move upwards to perhaps another ATH . Be aware of Earnings Numbers on the 25 Feb .
IN the meantime Thanks for stopping by and remember to have a plan in place before taking any trade . Like and follow is all i ask .. My Gratitude and thanks
Airbnb - Ready for a Jump! Having earnings on 02/25/2021 after market close, Airbnb is losing some weight prior to a busy week.
Currently, the company is valued at about $130 billion, or about 31x consensus 2021 revenues.
Although this stock is one of our top picks we are currently keeping a "HOLD" position on this one.
-Above on the chart we have displayed possible ways for the ABNB to go from here-on.
-Safe entry points: 179.16 or 161.89.
What do you think? Please feel free to comment below about your opinions on ABNB and which way you think it will go. A, B, or C
$abnb - rejection at median before pullback?maybe, just an idea...
there's bearish divergence + hidden bullish divergence. there is high momentum around this stock, can be fun to trade. broke all time highs, and then consolidated intraday. I think this might want more short term before a pullback to 194 and then the next leg up.
ultimately, I see this hitting 275.
ABNB Long Swing Trade Direction BullishNASDAQ:ABNB Target Price: $280 - $310 | Trade Days: 60-90 days. | Probability Rating: High
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