I went long yesterday (5/31) afternoon just before the close as
ABNB
broke over the 40 WMA with a stop below the day low. I added again this morning on its follow through. ABNB may still be actionable if it fits your trading style. I will be looking to add to my existing position once it clears the 50 DMA.
See the notes on the chart for additional thoughts. Ideas, not investing / trading advice.
Thanks for looking. Constructive comments welcome.
ABNB
broke over the 40 WMA with a stop below the day low. I added again this morning on its follow through. ABNB may still be actionable if it fits your trading style. I will be looking to add to my existing position once it clears the 50 DMA. See the notes on the chart for additional thoughts. Ideas, not investing / trading advice.
Thanks for looking. Constructive comments welcome.
Comment:
This is also holding up well after a hold rating and lower price target of $116 by Truist Securities today.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.