On the daily timeframe, we can observe a rebound from the demand zone identified on the weekly timeframe. Additionally, an inside bar pattern has formed, and the price has reached the lower Bollinger Band, coupled with an oversold condition on the RSI. All of these factors suggest a potential upward price reversal.
Reasons for bullish bias:
- Price moving in bullish trend
- Entry at HH breakout
- Simple DOW theory
Entry Level: 156.29
Stop Loss Level: 140.29
Take Profit Level 1: 172.29
Take Profit Level 2: Open
This is my price action for ABNB. If you have any questions, feel free to post it in the comments.
I have explained SLs, Targets and entries as well. SL is the most important part of trading, and we should accept it and move on.
NOTE:ABNB LOOKS BULLISH
Hello, according to my analysis of airbnb stock, there is a great investment opportunity. The stock looks positive with the side channel broken. And the resistance at 130 was broken there. We also notice the strong green candle that formed on the daily time frame. It indicates a strong entry of buyers into the market. Finally, good luck to everyone
I look to see if ABNB will bounce from a 0.5 Fib Level and continue a trend up. This is shown
on a reliable daily time frame chart showing an unusual reaction to decent earnings. I will
watch for support and then reversal on that fib level. I will go down to 30-60 minutes to
find the entry. The chart has the death cross MAs and a confluence of the long MA...
Trend Bearish
The first thing to make clear here is that companies are not required to say what they expect from the next quarter or year. Many do in order to offer some kind of transparency, but they are not obligated to do so, legally, or otherwise. That became clear during the pandemic when, faced with massive uncertainty about supply chains and consumer...
We can observe a dark cloud cover pattern. Most likely there's more downside on ABNB therefore it may be a good moment to short ABNB.
Entry , stop loss and target are shown on the chart.
Good luck
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.
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.
ABNB daily bullish hammer at local pivot high gotta be quick possibly wave 4 of downtrend. Moved my stop loss to $105.02 after this day bullish candle.
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.
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 $11.09 billion expected
The 2021 Christmas sales continue ...
Fear of the new Omicron variant, inflation, tapering ... it seems that everything goes against the Christmas rally in this troubled 2021.
What is the reaction of a rational and cold investor? The answer is one and only one, buy, as far as I'm concerned.
I take for example Airbnb (ABNB), a company on which, whoever follows...
Oversold RSI, MACD slowly approaching trend reversal signal, the price currently testing resistance, and green bullish candles. Will we see the breaking of resistance in the near future?
Here's how I would trade ABNB 4H:
Enter a long position - if a valid break of current resistance occurs.
Take profit ideas:
TG1 - 189$
TG2 - 197$
TG3 - 203$
TG4 - 208$
TG5 -...
Hello Traders,
If you missed the big move, don't fret, it looks like there's plenty more upside from here.
As you can see, the price action tells a pretty clear story. ABNB is a BUY.
Let's analyze the chart. ABNB gaps up after the stronger than expected earning report, moving far above the September resistance that had it in a channel.
Once it makes it's move...
An essential aspect of Airbnb's business is that the company does not own or operate any rental properties. Similar to eBay, it creates the platform and manages the interactions between hosts and guests. The asset-light business model has the potential for excellent profit margins because there is no need to pay for building or maintaining expensive structures...
