ABNB long idea with market sentiment can easily fill the Gap above
Airbnb!! This might indicate the beginning of a reversal! The only thing issue regarding this analysis is that, it would have been better if the distance from the 2 bottoms were more than 3 months. Besides this, it looks pretty clean! And i'm liking this 0.786 region.
May be or maybe nothing. Would like to see close above 156.50 with good follow through day. Support and resistance levels as marked.
Ascending triangle pattern forming. Break above 155 for confirmation. 1 PT 160-165
All, ABNB looks good as I previously compared was indentical to BMBL on wave 2 big buy would have big returns and it did. Only question does it break out the top of this ascend triangle here or bounce down one more wave in pattern off trend then break. Need to see next week. Outside factors: -Obviously DJ/SPY tanking is never good for companies overall....
All, I think ABNB once retraces a tad more will be ready to move up onto wave 3. In the even SPY crashes we may see a double bottom instead. Otherwise I will be adding soon maybe today just depends.
ABNB has been publicly traded since 10th December 2020. ABNB has enjoyed wild ride up and down since then. Currently, we think there is high possibility that ABNB bottomed out on 19th May 2021 and that there is good chance it will continue upwards. Stochastics, MACD and RSI are bullish. In addition to that moving averages are also bullish. We would like to update...
AIRBNB INC EASY TARGET 164 - AIR BNB
-After breaking the previous week's bullish channel, now ABNB has formed an inverse H & S.
ABNB 2HR TF ----------------- Analysis Wave 3 of 3 in motion, failed pennant breakout last week but bounced nicely off bottom channel trendline with lots of room to the upside to run. *Levels and in depth analysis on previous post*
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.
Despite it took 62 days for a -62% from ATH, the ATL shows a tremendous peak in Volume. With the non eviction moratorium expiring in most states and weak employment, landlords requirements to rent will be tighter and many will be forced to rent on a monthly basis. Airbnb has all potential to go back to 198$.
Friday, 28 May 2021 21: 03 PM (WIB) AIRBNB will be end of the monthly candle in 6 hours again. It is having huge possibility to moving higher after the downtrend ended. Not fast, because low volatility indeed. But it is also easier to predict and the most important thing is, Low risk. Now, it is near the end of the downtrend, and the chart price already showing...
-In its recent shareholder letter, management said, "Guests aren't just traveling on Airbnb, they are living on Airbnb." In the first quarter, 24% of nights booked were for stays of 28 nights or longer. While that's a function of the pandemic, it's also a sign of what's likely to be a lasting trend. Remote work has become popular during the pandemic, and a hybrid...
-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...