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.
I have been observing the price action on Airbnb for several weeks and a fan of the idea for several years. For some time I was viewing this equity as one that should fall in price rather then the uptrend it has been in since it hit a low of 114.13 month of Nov 2023. The consecutive green bullish momentum candles could point to a possibility of current price...
Navigating New Horizons:
Airbnb (NASDAQ: NASDAQ:ABNB ) has once again captured investor attention with a strategic move that sent its shares soaring 5%. The announcement to increase fees for cross-currency bookings is not just a financial adjustment but a bold step towards unlocking the vast potential of international markets. We'll explore the implications of...
I surveyed 12 people to determine what they thought were the stocks that were most likely to perform poorly in 2024. This chart puts them head to head. The winner is the biggest loser.
Airbnb's stock shares seem to exhibit a bullish trend, indicating a potential upward movement in the first quarter of 2024, potentially reaching the range of 170 to 180.
The positive momentum could potentially continue in the long run, possibly aiming for 240-270. However, there is a risk of the stock declining towards the 125 level during the first quarter.
The current price exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
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
ABNB is poised for a serious breakout to the upside (that makes the rise since late november seem like kiddie play). With Grand Head Poobah Fed Chairman Powell hinting about not one, not two, but THREE rate cuts coming in 2024 (after all, it is an election year)...
The Federal Reserve anticipates a significant reduction in interest rates by next year, suggesting...
Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 135/61.80%
Chart time frame : B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress : A
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) Hit the bottom
D) Hit the top
Stocks rise as they rise from support and fall from resistance....
NASDAQ:ABNB Bullish Surge in ABNB Following a Week of Sideways Trading
In the realm of market dynamics, Airbnb Inc. (ABNB) has displayed noteworthy behavior, characterized by a bullish upswing subsequent to a week marked by lateral price movement. The culmination of this trend was particularly pronounced on Friday, December 1, 2023, as ABNB experienced a...
The Airbnb share price has recently moved away from the now grayed-out Target Zone and then entered a sideways movement. However, as we now consider the low of the magenta wave (2) to be in place, we expect the rise to continue well above the resistance at $151.16.
Airbnb bounced earlier in the month, and some traders may look for more upside.
The first pattern on today’s chart is the rally on November 14 after ABNB acquired an artificial intelligence (AI) company to accelerate its projects. ABNB then formed a bullish inside week, which can signal continuation of the move.
Second, prices have pushed above the 50-day simple...
