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MarketIntel
Aug 14, 2023 7:09 PM

Airbnb: Almost there 🌴 Long

Airbnb, Inc.NASDAQ

Description

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The Airbnb share price is heading increasingly toward our magenta target zone with its magenta wave (ii). After reaching it, we expect a far-reaching rise in the magenta wave (iii), which will extend to around 200. Necessary for our primary scenario here is that the price stays within the support at $103.55. When crossing, the alternative would activate, which we assign a probability of 20%, and the price would have to target the turquoise target zone before a rise
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