Airbnb is bottoming Long

Airbnb, Inc.NASDAQ

Description

⋅ Dec 15, 2020 5:57 PM

As we can see in lower timeframe, OBV indicator is doing a bullish divergence.

This is a short term buying opportunity, due to extremely high valuation

Trade closed manually

⋅ Dec 16, 2020 3:56 PM

Closing here as the gap was flled. I Let it run if you have faith in AirBNB :)

Trend Analysis Technical Indicators

Comments

hurluberlu

⋅ Dec 15, 2020 7:46 PM

don't go long until there is confirmation. There are probability it keeps dumping.

olekslev69

⋅ Dec 16, 2020 2:48 PM

@jorisd, ok, and will the trend continue? LIke for me for on-time analysis

hurluberlu

⋅ Dec 16, 2020 2:53 PM

@olekslev69, could be yes. I'm just unconfortable with the current marketcap valuation... Hold the position as long as you can !

hurluberlu

⋅ Dec 16, 2020 2:54 PM

@olekslev69, thanks for the like :)

rose284825

⋅ Dec 17, 2020 7:09 PM

Any other thoughts? It’s going up...

hurluberlu

⋅ Dec 17, 2020 7:23 PM

@rose284825, see my latest idea