Airbnb, Inc.Long
PRIMARY FORECAST FOR ABNB
While there is an alternate count that treats wave two as a flat correction, there is more evidence to support the listed forecast. Based on the high extension of wave one of three, it is likely that wave three will be extended and target the 260 zone. Currently, the weekly volume steadily increasing over the past few weeks supports that this could get moving to the upside soon. We will want to see the RSI hold above about 40 to confirm the count is correct and in fact in wave three on a higher degree.
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