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ABNB - Cup And Handle
Airbnb, Inc.
Long
ABNB - Cup And Handle
By vf_investment
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Mar 8, 2023
7
Cheer
Cheer
4
4
Mar 8, 2023
ABNB has had a long run to the downside primarily due to global economical reasons, and now seems to have a great run to the upside.
We can see that the chart has formed a Cup and Handle-pattern, and is now trying to retest its high of the handle.
We will wait for a breakout of the handle, to take our position with the expectation of a return of 26%.
More details are shown on the chart.
Chart Patterns
cupandhandlepattern
Fundamental Analysis
longposition
longsetup
lowriskhighreward
Stocks
Trend Analysis
vf_investment
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