Hourly ABNB tracing out a cup and handle pattern. Wait for entry above the top handle trend line with a stop loss underneath the bottom handle trend line.
$ABNB- Airbnb ON A DAILY CHART 6.08.21 1301H +8 PACIFIC MY PRACTICE MINIMALIST ANALYSIS ENTRY AND EXIT POINTS FOR A SWING TRADE USING RANGE BOXES AND FIBS (NO INDICATORS) STILL ON TARGET THE MARKET IS STILL EXPANDING EXPECTING A 0.382 FIB Correction that will complete the 5th Wave. VERY BULLISH ON THIS. Please do feel free to comment on...
Price has soaked this mid 140 ipo"ish" range. Time to see if we can get some continuation in this move. People are still crazy active on their platform and I think the IPO hype has died down a bit, so it could be a bit of a friendlier trade.
The ideas behind this portfolio are: 1- Benefiting from possible 6 trillion dollars infrastructure bill. 2- Being properly hedged using commodities. 3- Having exposure to the Tourism industry, apparel, and increased demand for gas in post-pandemic era. My recommended asset allocation: 50% stock: 25% cash: 25% Gold: 0 Cryptocurrency NYSE:VALE NYSE:RIO ...
Nice cup and handle formed in hourly chart here, and traveling is repopening, so I think it is bullish for ABNB
Breakout + retest on support. Looks very solid so far:)
Swing trading opportunity after a breakout + retest of old resistance. Use a tight SL:)
-ABNB, the future of the hospitality sector, finally got into the long-awaited bullish channel. -Not one of your "Make me rich in a day" stocks, but is a very valuable stock with a bright future for the ones who have patience and vision!
It's just like a textbook example for bullish bat pattern. ABNB has formed this pattern since Dec. 2020 There are still 3 days before the ER, I'll be willing to wait for the long down there. Let's see how it goes yo!
Pretty nice bullish setup here on ABNB. Especially nice that it's pretty bullish after-hours while futures for indices are sluggish AH. Could pop soon; I saw repeat call option activity today. (Opinion only - Goodluck)
ABNB was hit hard this month but might start seeing some recovery in the coming weeks. Big dark pool prints came in last week along with bullish calls. Whether it's a momentum play or something larger we'll see soon. The purple lines indicate strong support and resistance levels. RSI looks like it wants to sell off a bit more before any recovery happens. So far...
-All sectors are seeing newbies that are bringing innovative changes to the sector. The Hospitality industry hasn't seen any changes for decades until the new player in the game, AIRBNB. Airbnb has changed the sector from the cores, the landlords. You don't have to be a millionaire hotel owner to operate in the hospitality sector anymore! The simple homeowners are...
$ABNB 2HR Chart... FA & TA After surging to all time highs after just 2 months from IPO, we have seen a 30%+ correction from February's Highs. Now... with vaccines and more people wanting to experience certain activities that once was restricted due to a pandemic, ABNB's road to recovery could be starting soon. With Summer approaching and leisure travel...
ABNB looks like it shook out weak hands last week and put in a nice doji reversal candle. Now testing it's downtrend. Been watching this 181.50 level to buy above for a move back to its ATH.
Entry 168-170 Target 200-250 This stock is in a channel so be careful at resistance where the trendline is... Right now is at the bottom of the channel so good time to buy and dollar cost average if possible. Support has been holding at the 165-168 zone for 2 months give or take (every time it touches this area it bounces back) top of the channel is $200 if...