Novi_Fibonacci

Bearish Sequence - ABNB

Short
BATS:ABNB   Airbnb, Inc.
Here we have AirBNB Stock which has been declining since July 31st. After the failed attempt of a Higher High on Sept. 12th followed by a Lower Low on Oct. 27th that exceeded the Previous Low on Aug. 18th.

Which leads me to believe that history will repeat itself where we should get a Lower High in the 129.97 - 127.74 range followed by a Sequence Target range of 100.12 - 88.07 with the potential of Support hovering above this Target @ the 104 - 103.5 area!!

Fundamentally, AirBNB executives have been selling shares their shares.
www.tradingview.com/...b-execs-sell-shares/

*If price decides to Break Up and Close Above the BC zone, the Bearish Sequence is INVALIDATED
Comment:
Price has come into my Sell Zone!! Looking for price to push down lower from here!
Comment:
Does not look like price is slowing down in this area so Idea is no longer valid!

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