Airbnb - Ready for a Jump! Having earnings on 02/25/2021 after market close, Airbnb is losing some weight prior to a busy week.
Currently, the company is valued at about $130 billion, or about 31x consensus 2021 revenues.
Although this stock is one of our top picks we are currently keeping a "HOLD" position on this one.
-Above on the chart we have displayed possible ways for the ABNB to go from here-on.
-Safe entry points: 179.16 or 161.89.
What do you think? Please feel free to comment below about your opinions on ABNB and which way you think it will go. A, B, or C
0A8C trade ideas
$abnb - rejection at median before pullback?maybe, just an idea...
there's bearish divergence + hidden bullish divergence. there is high momentum around this stock, can be fun to trade. broke all time highs, and then consolidated intraday. I think this might want more short term before a pullback to 194 and then the next leg up.
ultimately, I see this hitting 275.
ABNB Long Swing Trade Direction BullishNASDAQ:ABNB Target Price: $280 - $310 | Trade Days: 60-90 days. | Probability Rating: High
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AIRBNB is BULLISH 🚀🚀🚀Airbnb (ticker: $ABNB) is clearly in an ascending channel. It's BULLISH. My first target for this stock is around $230. LESSSGOOO!
Airbnb Q4 2020 Earnings Call -> FEBRUARY 25, 2021 02:00 PM PT investors.airbnb.com
You can always make money with stocks. It's never late! Don't FOMO!!
What's your opinion? Your comments are welcome.
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Take into account that fundamentals (news) supplement technical analysis . A trader does not use a crystal ball to predict the future (news and people's reactions). Additionally technical analysis is not an exact science. It involves a degree of subjectivity.
Legal disclaimer: I am not a financial advisor. The advice here given is not a financial advice even though my excitement might make it look like such. This account shouldn't be followed by anyone expecting something from me. You trade at your own risk and nobody can guarantee you results. Even if someone could, I don't.
Updated PRICE forecast for ABNBIn my first and previous price prediction (GREEN) I didn't expect the price to go up this quick. This paper is very volatile and I love that price action. I will wait for the price to pull back again and looking to enter at $184-187. My price target for a swing trade will be $220-225. Do you think it's ok? I am a new trader, so please consider this when judging :)