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LongShort2021
Dec 13, 2022 9:22 AM

AITBNB - Possible Long Opportunity Long

Airbnb, Inc.NASDAQ

Description

ABNB is showing signs of strength still to be confirmed if the stock breaks above the resistance line.
Divergence in RSI, OBV in both daily and weekly charts.

entry could be possible at this level with stop loss around 85-87.

Free Cash Flow around 1B.

*Not financial advice, do your own research and let me know what you think.

Thanks,
Sam
Comments
Maxbisson
To be honest I agree with you that there is upside, but the p/e is still above 35 in a market where the average has gone down to about 19 amoungst the mid-large caps. If yoy growth is still there I probably will enter long, but I don't want to see major expenses in the coming report. The OM% is somewhere close to 18% which is great. The next quarter isn't going to be that great for the overall market I believe opportunities will arise soon. Still waiting on my side!
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