I've been watching $ABNB and thought we might have had a Double Bottom pattern last week. However, it now looks like it's morphed into a "possible" Head and Shoulders pattern. All TBD. I will look for this to hold above to 50 day and if so, near the end of day I'll likely take about 1/4 position as it would not have confirmed a H&S pattern yet but I like early entries with defined risk which would be back below the 50 SMA... Idea, not investing / trading advice.
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.