Airbnb, Inc. (NASDAQ: ABNB) today announced that the company's first quarter 2024 financial results will be released after market close on Wednesday, May 8, 2024. The company's shareholder letter will be made available on the Airbnb Investor.
After the first "confirmed " reversal signal of Extreme Reversal Sniper on the H4 Chart Time Frame; we look for bearish breakout confirmation as decribed on the chart.
Holding Period : 5- 7 days
Major Trend : Bullish
Chart Time Frame: H4
Trade Type: Correction
Price Target: Targets are the trendlines on the chart.
Status : Not confirmed...
NASDAQ:ABNB looks bearish for next 3-6 months according to my analysis .i am just predicting over here and you can see the rsi is nearly going overbought
The overall trend is bullish on the bigger time frame, but we can see a clear rising wedge with the strong break. The technicals align with the current news as well the company hasn't been doing well overall with AIRBNB productivity and new rules and regs have scared customers. Lets see how this plays.
Airbnb, rebalancing and stop at 0
Stock picking is one of the most complicated things, especially in the long term.
Airbnb (ABNB) is the result of a study I carried out years ago shortly after its listing, the market cap, is higher than historic tourism giants, and the business model and growth possibilities remain important.
Its main competitor (Booking) has...
Introduction
Since its IPO, Airbnb (AIRBNB) has exhibited a predominantly sideways trading pattern in the daily timeframe. However, a closer examination reveals a notable impulsive move downwards since late '21, characterized by five distinct waves. This suggests a corrective structure (W-X-Y) has potentially been forming since early '23.
If this corrective...
Airbnb is the leader in Alternative Accommodations and experiences. I believe their community of individual hosts and strong brand differentiates them from travel peers. The emerging trend of long-term stays would boost Airbnb’s profit margins and expand the entire travel accommodation market size
Airbnb estimates its current total addressable market to be $3.4...
NASDAQ:ABNB soars past $150 resistance level like a boss! The bullish momentum is strong with this one, folks. Time to buckle up and enjoy the ride! 🎢 #ABNB #Bullish #MarketUpdate 📈"
Airbnb ( NASDAQ:ABNB ) is currently showing signs of strength as it breaks above previous highs. Looking at the bigger picture, the bullish trend seems to be intact, especially on higher time frames, indicating potential for further upside. The recent slight pullback, coupled with oversold conditions on the 37 Stochastic RSI, suggests that buyers might see this as...
Airbnb (ABNB): NASDAQ:ABNB
Airbnb's outlook appears quite bleak at a glance. We've experienced a break in the downtrend, and since January 2023, there has been an uptrend. However, we anticipate this might not last long as the complete cycle has not yet concluded. Since the IPO, the price initially surged to $220, then fell to $82. We now expect a rise...
After finding a bottom at the end of 2022, the price shifted into a bullish intermediate trend. Since then there have been two waves of higher lows and higher highs playing out in almost the same timeframe and each wave was with a diminishing magnitude than the previous one.
In continuation of the pattern I expect the next wave to be of a lesser move and a high...
ABNB started its rally from 81.91 dollars and is continuing as a Leading Diagonal.
We are waiting for it to complete the patter because if it is correct so we may have
a huge bullish market (normally after Leading Diagonals).
I think it will be precious to keep it in your watchlist.
Be Safe and Happy
If you haven`t sold ABNB on this valuation thesis:
Then analyzing the options chain and the chart patterns of ABNB Airbnb prior to the earnings report this week,
I would consider purchasing the 150usd strike price in the money Puts with
an expiration date of 2024-2-16,
for a premium of approximately $7.70.
If these options prove to be profitable prior to the...
This is a smaller time frame view also up to the 1hr which takes us out 24hrs with our target.
it is the formation of an m pattern. This can result in larger downside
