ABNB Large Base Formation
We're witnessing some relatively volatile price action after ABNB reported solid Q3 earnings. I believe ABNB is a disruptive play on innovation that everyone should hold in their LT portfolio, with accelerating EPS and increasing market share within the hospitality industry.
Technically speaking, the price action for ABNB keeps returning to its broad base on the daily timeframe and bouncing every time. I like watching this base for solid entry points/DCA on my position.
Just my personal opinion, not investment advice.
Technically speaking, the price action for ABNB keeps returning to its broad base on the daily timeframe and bouncing every time. I like watching this base for solid entry points/DCA on my position.
Just my personal opinion, not investment advice.
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