After finishing up the turquoise wave 1, the Airbnb stock should get some rest and drop into a correction to reach the turquoise target zone between $101.66 and $90.36. Within this zone, we expect the corrective low of the turquoise wave 2, which is followed by an upwards trend back North. Our alternative scenario with a probability of 35% implies, that the course...
Airbnb stock has intrigued investors in growth stocks since its Nasdaq debut in December 2020. From its initial public offering price of $68 per share, ABNB stock soared as much as 223%, hitting an all-time high of 219.94. Since then, the share price has tumbled about 52%. Last week we witnessed a breakout of the major resistance level which triggered new buys and...
If you haven`t sold at $148 when i warned you about the high valuation: Then you must know that ABNB Airbnb will close its business in China because of strong competition with local operators. My price target is still $95. Looking forward to read your opinion about it.
8th Jan 2023 Everyone can't wait to travel. 2023 is a good sign to relook into travel, hotel and accommodation industry. With China reopens borders, there may be a surge in term of sales for these sectors. TP: 100 SL: 82
Although the company's growth rate has been slowing down in recent quarters, Airbnb`s business fundamentals remain solid. For the period ending Sept. 30, 2022, Airbnb's sales totaled $2.9 billion and rose roughly 29% year over year. Also, the company reported $7.5 billion of cash and cash equivalents at the end of the quarter The first resistance is located at $...
ABNB is forming a falling wedge on the daily chart holding and bouncing off lower trendline support. MACD and RSI are also showing positive confluence
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
airbnb is in terminal as C of zigzag , for now we are in end of wave 3 of this terminal
Looks like Airbnb, Inc. (ABNB) can easily print a bullish move. We have higher lows since late June. It can just as easy go down if it breaks below the early November low. Likely to go higher though since December is coming/holidays and people travel and rent a lot. The immediate resistance is set at 99.9. The easy target is 111.11 The potential target range...
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
The Head and shoulders pattern is considered one of the most reliable trend reversal patterns.
Some thoughts on $ABNB. I've noticed something. Many Airbnb owners are selling their apartments, well there are many reasons for that inflation, and house values rapidly going down like all other real estates. Fewer and fewer people have been booking Airbnb, I'd estimate over 50% crash in bookings so far! Insiders have sold a shit ton as well....
ABNB What a beautiful and clean inverse head and shoulders on ABNB. Technically we just broke the neckline (dotted line), if we close above it today, the pattern will be confirmed with a target between $153 and $161. This one is a bit tricky though as there are some resistances ahead: -The horizontal resistance at 130 -The down trend line connecting all the...
Cramer says it's a buy! Rising Wedgeish, if this breaks down. It'll hit 105. Maybe 100 to fill that gap.
Airbnb Short Term We look to Sell at 118.71 (stop at 125.98) Preferred trade is to sell into rallies. Selling continued from the 78.6% pullback level of 117.21. The medium term bias remains bearish. Trading has been mixed and volatile. Our profit targets will be 102.40 and 100.10 Resistance: 119.00 / 124.00 / 136.50 Support: 100.00 / 91.01 / 87.00 ...
AIRBNB reported on Tuesday the earnings report. The results were more than satisfactory. The EPS forecast was beaten by more than 25%. The forecast was for 0.4467 and the actual 0.56 Also, ABNB announced a 2 billion stock buyback From a technical perspective, the price is at the major resistance level. The price is expected to get back into the price channel...
Current chart target uptrend towards $125 -- expecting a pull back for consolidation. A lot of pressure at $131-133 area. Could take a long time to accumulate force to break through $133.