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
DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
The macro structure is bullish from Dec'22 low with important price zones at: 198-217, 227-260 and 282-322 as inter-mediate and ultimate resistance areas for suggested impulsive structure.
The gap-up set-up on earnings today is in the cards for price to move towards 198-217 area. But if price decides to consolidate more138-128 area should be an important...
SETUP:
Inverse HEAD AND SHOULDERS within an up-trending channel - Bullish
Above all MA's in order - Bullish
Daily RSI, MACD and ADX +/- all pointing to further upside - Bullish
Risk/Reward and price targets on the chart
As we observe the emergence of an inverted head and shoulders pattern, we are currently surpassing the right shoulder level. Additionally, bullet divergence is evident, adding further confirmation to the analysis. The projected target is clearly indicated on the chart, providing a potential objective for the price movement.
Looking at my past track record, I am becoming somewhat of a fanless guru hahah - I better knock on some wood; otherwise the market goods give me a losing streak like I have never seen. However, it is nice to see how these age-old rules coupled with some patience work. Anyways, enough of bragging and lets get to the trade
Fundamentals
The market is...
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
NASDAQ:ABNB is in a bullish mode as long as $140 holds. Target will be $180.
My view is that it remains bullish as long as it is above $140.
Trade with care.
ABNB been pretty bearish and the earnings are on the way lets see how it plays, according to my analysis it could fall back to 128$ zone and its a really important zone to mark. Will keep you guys updated. NASDAQ:ABNB
Some analysts express bearish views on Airbnb, but these assessments might be misguided according to Bernstein.
Key points of bearish sentiment include:
Airbnb’s room nights have grown by only 8% on a compound annual growth rate (CAGR) since 2019.
The company has relied on price increases (9% per year) rather than volume growth.
Airbnb’s average prices are 40%...
NASDAQ:ABNB is showing a inverted head and shoulder pattern on the weekly chart. Earnings are in couple of days which could be the catalyst in the next leg up.
Its a shame to have my, at the moment of writing biggest position, not mentioned here. Im longterm bullish on NASDAQ:ABNB at the moment, it offers a daily entry with a tight stop at the moment of writing and is bullish in the monthly timeframe. The bigger target is more of a guess what can happens if it stays bullish after the monthly target is hitted.
Do your...
5Y trend Downfall
1Y trend - it is testing the upper level of price range of 147 to 150
Key Levels - 104/110/125/147-150
Current Key Level - it is in the zone of 146 - 152
Breakout Key Level of 146 to 152 is tested 4 times
it touched highest of the key level of 152 on 29th Jan and got rejected into 1436 to 146 levels again now
After every earnings...
NASDAQ:ABNB the biggest hotel company that owns no hotels (funny how things work eyyy) has underperformed since its IPO in 2021.
We are finally starting to see its stock price catch up with its value. As more people travel and seek unique local experiences, the demand for Airbnb's platform is bound to grow in leaps.
Strong Financials: The company is highly...
as you see on chart, it may occur reverse should head shoulder formation. if it happens, i mean price breaks the neck linei i expect that price goes up to until next resisitance area around 175$. after this point i will set up short position. all of them showed on the chart.
