ABNB AVWAP analysis
Bullish observations:
Outlook:
- The cyan line, the AVWAP from the recent ~$145 high candle was overtaken and now trending up
- The pink line, the AVWAP from the all time high has been acting as support for ~10 days now
- Possible cup and handle pattern forming?
Outlook:
- Resistance at ~$139 is the AVWAP from the IPO and intersects with some of the dips in '21 and '22, and the previous high from this year.
- If it breaks through $139 could be clear sailing to ~$175
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