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jacobosiason7

Ascending Triangle Forming- Bullish

Long
Airbnb, Inc. (NASDAQ:ABNB)  
jacobosiason7 Updated   
NASDAQ:ABNB   Airbnb, Inc.
Trend Analysis Chart Patterns Technical Indicators falling_wedge ascending_triangle Bullish Patterns breakout support_and_resistance supply_and_demand hidden_divergence swingtrading
5
2
trendanalysis chartpattern indicator falling_wedge ascending_triangle bullish breakout support_and_resistance supply_and_demand hidden_divergence swingtrading
ABNB really catching my eye here- Big ascending triangle forming on the 2-hour timeframe along with a big falling wedge on the hourly timeframe (See Attached Chart Below). Will be looking for a breakout from this triangle (Broader Markets Permitting) - Just some support and resistance levels to keep an eye on along with some RSI-based supply and demand zones - Bullish

- Bollinger Bands Squeezing (Not Pictured)
- Falling wedge on the hourly timeframe
- MACD cross
- Slight bullish hidden divergence on the RSI
- Sitting right on its 100-day EMA

PT1- $171.21
PT2- $172.46
PT3- $175.67 + Breakout

Hourly Timeframe-
snapshot
Previously Charted-
snapshot
Comment:
PT1 & PT2 Reached ✅
Comment:
All Price Targets Reached ✅
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