I like the company overall. And it just hit an all time low. I already own a lot of shares, so i am interested in averaging my position. I have 2 different strategies or entries. 1- Above 98 2- At 87.60 (lows) Ideally we should wait for a break of the trendline. But it is looking like we just made a new lower high, so it could be reversing already
Left Shoulder of this Inverse H&S has formed along middle downtrend The Head has formed along the bottom downtrend The right shoulder is yet to form, but I have plotted what the potential movement will look like with a double curve
ABNB 1D I We have a bullish divergence on the RSI. We have resistance near the trend and $100. Looks ready for a relief rally into earnings on 08/11. NVDA 1D I NVDA is breaking out from a falling wedge pattern on the daily. We have significant bullish activity betting on a breakout from $160 and possibly hitting $170 this week. QQQ 1D I QQQ is breaking out from...
After ER I expect a move to the downside pretty agressive towards previous lows at 120's-130's. I'll buy in long term portfolio gladly at these levels.
ABNB is trading inside a descending channel. Price is now testing the top and we might see an attempt to break in the next few sessions. 160 level has been extremely hard to break, it already tried twice and failed, causing a big sell. This level now is likely to break if price makes another try. Also, we can clearly see an ascending channel forming (red...
ABNB net loss was $18.8 million, or 3 cents a share, higher than the loss of 25 cents a share Wall Street analysts were expecting. Revenue up 70% YoY to $1.51 billion vs $1.45 billion expected. But i still don`t understand where that 94.879Bil market capitalization comes from. Since its IPO the company wasn`t profitable and it is still valued at 95Bil. Pure...
Hello, Earnings very soon at market close. I can speculate a reversal or not much change because we are at the bottom of a trend but there are overwhelming bear signals all over the place. Also inside selling last week. Anything is possible.
Inflation has caused households to get squeezed on every front. Vacations are a luxury not a necessity. Consumer is tapped out! $6 a gallon gasoline here in CA. Inflation . Higher interest rates. Rising wages. Labor force shortages. Consumers being squeezed on every front. Something has to give! Same as GAP, NFLX and AMZN evidenced the consumer is cutting back....
Economy seems like stalling for a while more with rising inflation, consumer savings depleting & XLY discretionary falling. ABNB may soon see a retest of the 3x bottom @ 130 since it is forming a descending triangle. Not trading advice
Potential Adam and Eve DOuble Top. Let's see where price is at by the time the Mac D goes tot he lower side. Bears winning candle fight since March 29th. Light sell volume kicking in on 4hr current candle.
High conviction trade on ABNB. If it breaks resistance it can go higher on summer travel excitment.
Although the Covid-19 pandemic had a major impact on many companies, Airbnb's financial results are more than good. The San Francisco, California-based company has an average target price of $ 205 based on 36 analysts' ratings. The current level is a good entry point for a short-term long position with approximately 18% movement towards the first...
Even though in the pre-market the price is higher, i think that the $183 resistance is fair valuation right now. Revenue: $1.53 billion vs $1.46 billion expected Adj. EPS: $0.08 vs $0.03 expected Gross bookings: $11.3 billion vs $11.09 billion expected
It's been setting up for months. $165 was the first key level and $177 is the next big level. As long as ABNB can hold $165, above $177 should give it a huge push upward. PLEASE NOTE: Earnings are next week and bad earnings could obviously invalidate this thesis.
Nice breakout from ATH trendline. Might see some consolidation /pullback on smaller Time frames. Dips are buyable in my opinion.
One of the stock I love to trade! Also a good long term stock, imo. For long position, I want to see this one hold 153 range in order to break downtrend Should it fall below 150 with volume then I'm short target would be around the 2 Red lines in the bottom. With the current market we have right now, the pandemic, and the economy, I don't see this one...
Market Instrument: ABNB Timeframe: D1 Analysis: Technical Structure: Support and Trend Line Prediction: Bullish ABNB is on major support where we have seen a couple of strong bullish reversals formed. At the moment I have picked up a channel on the bearish trend formed and if we can find a good bullish reversal and a breakout on the trend line ( upper boundary )...
NVDA 30M I Watching NVDA for a possible relief bounce near $230, after selling more than 30% from ATH. A break below this level and it could see $220 next. CRWD 1H I Significant bullish activity was picked up on CRWD betting on a bounce to $170 this week. Watching for a break above $165 or pre-market high. ABNB 2H I ABNB is trading within a wedge pattern on the...