Update:
Harmonic Pattern and ABC Leg is forming on the current Price chart. Entry points, stop loss and targets are marked on the chart. Its to note that it is purely my POV and not a financial advise.
ABNB may attempt to reach the other side of it's consolidating range here soon or at least a marginal bounce. We'll see if the market allows for anything more than that but right now just expecting a short term move
The AD is showing a bullish divergence on the Daily Chart, However on the weekly chart you'll notice a Bull Flag Set Up w/ a bullish Elliot Wave Count. Currently I have a C wave buy set up, but for less seasoned traders I highly recommend buying the confirm breakout.
Somethings to point out
1) you'll notice the 5th wave was rejected by the B leg of the bullish...
This pattern often reverses when the target, D, is met
Stop below C but since I missed this and it a ways from C ); possible stop around gap or where you see support.
Oversold with RSI on 70. Mine is on 80.
No recommendation.
Hello, according to my analysis of airbnb stock, there is a great investment opportunity. The stock looks positive with the side channel broken. And the resistance at 130 was broken there. We also notice the strong green candle that formed on the daily time frame. It indicates a strong entry of buyers into the market. Finally, good luck to everyone
Now before you panic about what I am about to share, I want to say that I truly believe in Airbnb as a company. I personally own and operate Airbnbs and see the potential behind this company.
However, I do not like what I am seeing on these charts at the moment. I would not be surprised if this stock corrects if this wedge formation is broken.
We may first see...
I look to see if ABNB will bounce from a 0.5 Fib Level and continue a trend up. This is shown
on a reliable daily time frame chart showing an unusual reaction to decent earnings. I will
watch for support and then reversal on that fib level. I will go down to 30-60 minutes to
find the entry. The chart has the death cross MAs and a confluence of the long MA...
Airbnb is another company I love. Beating earnings since Q2 2021. Strong fundamentals.
Today NASDAQ:ABNB touched the daily 100 EMA, around 4% above the 200 daily EMA, and below the 20 and 50 EMAs.
The stock went below the 100 EMA during the day and went all the way up with a nice recovery above it, holding the support around $128.
That's when I entered my...
The correction for ABNB is more likely to continue. The first support is located at the $118 price level. If the support resists the pressure we may witness an uptrend to the $160 resistance.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their...
The Airbnb share price is heading increasingly toward our magenta target zone with its magenta wave (ii). After reaching it, we expect a far-reaching rise in the magenta wave (iii), which will extend to around 200. Necessary for our primary scenario here is that the price stays within the support at $103.55. When crossing, the alternative would activate, which we...
On the chart, there is an ascending channel, within which we continue to move, this time we go to the lower border of the channel.
Good luck to all. If you liked it - subscribe.
Airbnb stock is now in the second band
This figure shows the weekly candle chart of Airbnb stock. The graph overlays the recent low points against the golden section. As shown in the figure, Airbnb stock is now in the second band after bottoming out, and it is likely to retreat below the 1.382 position of the golden section in the figure before starting up...
