Airbnb (ABNB) Christmas sales!The 2021 Christmas sales continue ...
Fear of the new Omicron variant, inflation, tapering ... it seems that everything goes against the Christmas rally in this troubled 2021.
What is the reaction of a rational and cold investor? The answer is one and only one, buy, as far as I'm concerned.
I take for example Airbnb (ABNB), a company on which, whoever follows me knows, I believe blindly. I added stocks when the price hit the $ 166 level on December 1, significantly increasing the percentage in my portfolio.
Should the price continue to fall, I will accumulate again at 149.50, POC from the price of a year ago.
The mindset is always the same, to buy on important volumetric levels when the market "offers" discounts.
The time horizon is obviously important, my analyzes are always aimed at analyzing the merchant in the medium-long or very long term.
In this specific case, very long term, because I want to stay in Airbnb for a long time.
For those who are looking for a target in the short, medium term, the targets are the following:
- 175.50 first take profit
- 185 important volumetric level where sellers have taken over recently
- 210 close to the November highs
In the hope that the Omicron variant will not prove aggressive and that the vaccines continue to work, for my part I wish you a happy Sunday and we hope that the market gives us a small rally ...
Happy trading
Lazy Bull
DISCLAIMER: I am not a financial advisor nor a CPA. These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
Abnb
ABNB 4H - BullishOversold RSI, MACD slowly approaching trend reversal signal, the price currently testing resistance, and green bullish candles. Will we see the breaking of resistance in the near future?
Here's how I would trade ABNB 4H:
Enter a long position - if a valid break of current resistance occurs.
Take profit ideas:
TG1 - 189$
TG2 - 197$
TG3 - 203$
TG4 - 208$
TG5 - 216$
TG6 - 224$
------------------
I keep it simple and clean!
Likes, comments, and follows are dearly appreciated.
Let me know what you think and which ones you would like for me to analyze next.
Trade safely!
------------------
About Airbnb:
"Airbnb, Inc., together with its subsidiaries, operates a platform for stays and experiences to guests worldwide. The company's marketplace model connects hosts and guests online or through mobile devices to book spaces and experiences. It primarily offers private rooms and luxury villas. The company was formerly known as AirBed & Breakfast, Inc. and changed its name to Airbnb, Inc. in November 2010. Airbnb, Inc. was founded in 2007 and is headquartered in San Francisco, California."
Source: Yahoo Finance
Omicron fear?A thanksgiving not exactly calm, that of 2021, ruined by a really black Friday on the financial markets.
Omicron, the name of the new variant, is frightening.
We know that markets are driven by two main feelings, fear and euphoria. A nd it is my, our job, as traders, to stay away from both of these feelings, which do nothing but make us lose money and do the exact opposite of what should be done.
Those who know me know that I am absolutely a realistic person, I try to analyze the situation, without ever panicking at the moment, so I brilliantly overcome the coronavirus crisis, buying when everyone was selling and enduring even important drawdowns, only to be repaid.
Now, I’m certainly not saying that we are dealing with another V shape from -30% as in 2020, also because, those who have a bit of intelligence know that, given that we are talking about viruses, we will always have in front of us. of mutations, is its nature.
We must accept that we will have to live with it, using the weapons that science provides us.
Consequently, next week, considering that while I am writing to you news continues to arrive on the appearance of the variant in every European state, it is very likely that fear will continue to prevail, causing further declines, which by the way, as I have been writing for a while of time, they would be healthy.
All right but, when to buy?
And above all what?
The crux of the matter is the tightness of the vaccines to t he Omicron variant.
If, as has happened with the variants that have appeared so far, the protection is solid, then we could see a correction that could not go beyond 10-15% creating buying opportunities for a short Christmas rally.
If, on the other hand, vaccines should prove ineffective, rest assured that volatility will rise and the correction will be more marked.
Never as in these moments, you have to be calm and wait for the news.
As for the markets, I believe we will see a sudden rotation in tech stocks, digital payments, and video games. As well as obviously social networks and e-commerce.
Beware of pharmaceuticals, because they are already very inflated, except perhaps Moderna, which has just returned from an important pull-bak, and Novavax which is in the pipeline with a new vaccine.
Those who follow me know that I am already positioned on companies such as Activision, Visa, Square, Amazon and Facebook (Meta). Accumulations could arrive on these stocks if they suffer a decline caused by a general sell-off.
If we talk about accumulation for the long term, it is precisely the companies that work in tourism and which are related to oil, those that could suffer the greatest discounts and consequently the best purchasing opportunities. I’m talking about Airbnb, a company I strongly believe in, where I have an excellent average purchase price, and I will certainly buy more shares. Attention also to airlines such as Delta and American Airlines and obviously attention to ETCs on oil because a significant drop would create further buying opportunities on a commodity that has given me (and I hope you too) 100% earnings in 2021.
Possible increases in gold in the medium to long term, both from seasonality and obviously as a safe haven asset, even if during the first appearance of the covid, this was not exactly the case.
The resilience of cryptocurrencies should also be verified. Absent extremely volatile, absolutely not to be considered a safe-haven asset, has the undoubted advantage of being decorrelated from the numerous problems that can afflict traditional financial markets. There may also be a quick rotation here which could cause significant rises.
I greet you and I wish you a happy Sunday, quoting Warren Buffett because it is the wise men that we must look at in moments of emotion: “Be greedy when others are afraid and be afraid when others are greedy”
Happy trading and stay safe.
Lazy Bull
DISCLAIMER: I am not a financial advisor nor a CPA. These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
ABNB short term FUDABNB had a sell off without a valid reason. The market overreacted to COVID cases spiking but that will be forgotten about shortly. ABNB retraced to the .618 which held up perfectly despite the ridiculous $14 drop at the open Friday. I'm sure market makers had nothing to do with that, they would never purposely manipulate price making tons of options expire OTM lol.
Volume almost 10X'd in the last hour Friday. I expect a quick rebound to $205. Looking at 12/3 ATM calls. Blue EMA cloud is also acting as support on the 4 HR time frame.
ABNB primed and ready.Hello Traders,
If you missed the big move, don't fret, it looks like there's plenty more upside from here.
As you can see, the price action tells a pretty clear story. ABNB is a BUY.
Let's analyze the chart. ABNB gaps up after the stronger than expected earning report, moving far above the September resistance that had it in a channel.
Once it makes it's move to an ATH, it pulls back setting up for another move higher. The pink and purple lines are the 50 and 200ma's that I'm referring to.
I made some other notations on my chart, as you can see, my custom indicators picked up on the big moves in advance (feel free to ask or check out my page about those).
I wouldn't be surprised if we see another 7-10 points higher in the next week.
Current Support sitting around 203.40, Resistance around the 211.34 (ATH), if that breaks we could quickly see 215+.
We will know more after post and premarket price action, but I like this setup.
Let me know your thoughts!
Comment, Like, Support, etc.
Cheers,
Mike
AIRBNB (ABNB) target reached +39% !!!AIRBNB (ABNB) Target reached and Updates
After pulling out to the $ 144 level in August after the important double low in July, Airbnb continued its bullish trend, which ended on a stunning post-Earnings Friday, where the price opened with a major upside GAP for then close above $ 200.
Once the first two targets I had indicated have been pulverized (go and see the last post on AIRBNB), ABNB closes above the psychological threshold of $ 200 and for those who had taken a cue from my idea of August, today would have made a profit of over 39% in about 2 and a half months, not bad.
For those who, like me, want to keep the title in their portfolio for a long time, we have numerous levels to be able to accumulate:
- the trendline that has been created, for now with two points of tangency, but which obviously represents an important reference point.
- 171.50 $ important volumetric level
With the resumption of tourism, business travel, I do not think the price will return below this level, but if something extremely serious happens at the macroeconomic level, the POC in the $ 150 zone is the ideal level.
In the short-medium term, a general profit-taking and a violent pull-back in the $ 185 area is possible, but the target remains $ 215, as indicated by me previously.
I won't dwell on the strength and goodness of the company, if you want to know my general analysis, go and read my August article. I can only confirm that in my opinion, Airbnb is a company destined to grow over time, which is why it is one of the 10 stocks that make up my long-term portfolio.
Happy trading
Lazy Bull
DISCLAIMER: I am not a financial advisor nor a CPA. These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
$ABNB Triangle Breakout, Earnings Beat$ABNB Airbnb reported earnings after hours today, beating EPS and revenue estimates. Stock is currently flat in AH trading but did run up 3% today.
I'll be keeping a close eye on this at the open tomorrow...after crushing the earnings options IV this could start to run toward $200 throughout the day tomorrow assuming the overall market sentiment remains bullish or neutral. I will be looking at near the money calls if it breaks above $180.
Besides the earnings move...chart looking solid today with a breakout and close above ~$176 resistance. It is possible it retests ~$176 as support in the AM if the overall market is down...for me that would be an ideal entry point into a bullish options trade.
Near term target: $200-$210 range by early December
Note: This is NOT investment advice. Educational only.
Airbnb will experience higher volatility soon..!In 1 week there will be the earnings, ABNB is at the lower border of an upward regression channel and also has built a contracting triangle (consolidation pattern) its earning will push Airbnb outside the consolidation!
the question is which side is more probable?
Because of the Delta variant surge, I do not think tourism-related stocks could beat the expectation..!
But as I always said, trading before earnings= gambling!
and I prefer to stay out of it!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
$ABNB will be $181.00 by Dec 2nd -Fib flag formation So I did two fib growth pitchforks..
—one mod schiff Bearish and one original recipe bullish, and that’s an obvious flag formation, double major resistance at $180 to $182
If I was a betting man I would bet a debit call spread with the short call 60+ days out 12/15/21 on the top end w a $190 strike..
-and a slightly out of the money call January 2022 at $175 strike.. Cha Ching!
$ABNBAn essential aspect of Airbnb's business is that the company does not own or operate any rental properties. Similar to eBay, it creates the platform and manages the interactions between hosts and guests. The asset-light business model has the potential for excellent profit margins because there is no need to pay for building or maintaining expensive structures like hotels or resorts. Moreover, Airbnb can hire customer service staff in low-cost parts of the world to support guests staying at properties in high-cost areas like Los Angeles.
The coronavirus pandemic caused Airbnb's revenue to fall by 29.7% in fiscal 2020. Before the outbreak, Airbnb increased revenue by 42.6% and 31.6% in 2018 and 2019, respectively. Overall revenue was highest in 2019, where it totaled $4.8 billion. Still, management feels that's just the tip of the iceberg. It estimates Airbnb's total addressable market at around $3.4 trillion.
To put that figure into context, Statista estimates the worldwide hotel and resort market peaked at $1.47 trillion in 2019. It seems management's estimate of its total addressable market may be on the optimistic side.
Airbnb I’ve been very bullish on before it even went public.
It has a slight rough start to the year but it seems to have found its step.
It had a clear double bottom on the daily and now is following a nice upwards trend and is now currently sitting at support
Implying, if Airbnb is able to hold these prices we could see this continue it’s way up and with earnings around the corner it would be very interesting to see what happens from here.
MACD flat.
RSI below 50.
Watchlist this.
Factor Four
AIRBNB (ABNB) Trade UpdatesUpdate on AIRBNB investment made in August.
After my entry (at 144,71 see the previous post), a rather solid uptrend started.
We are now on a very important volumetric level; a small double bottom has also been created, so a slight pull-back in the short term could be physiological. It is important to see if the 200 moving average will hold, given that the company's listing is a recent thing, the second support to keep in mind is the trendline I have drawn.
The most important thing to point out is the relative strength of the company; in a difficult period for the general markets, ABNB only rose in the months of September and October. This is an important signal of strength, as is the awareness that the world is slowly starting up again and so is Airbnb, closely linked to tourism.
Let's remember that from March 2021 to May 2021 the stock had lost 40%! An enormity, clearly due to external events (COVID and tourism paralysis) rather than to company problems, which, on the contrary, has solid foundations.
I remind you that mine is a long-term investment perspective with gradual accumulation with each pullback, for those interested in pure trading, the targets for a take profit in my opinion are:
- $ 180
- $ 190 important volumetric level where the institutions have started to push the price down
- $ 215 very close to an all-time high, an area where I will take home part of the profits.
Pay attention to the earnings at the beginning of December.
Happy trading
Lazy Bull
DISCLAIMER: I am not a financial advisor nor a CPA. These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
ABNB: RECOVERY PLAY, ICHIMOKU ANALYSISABNB :
Another reopening play, people looking to travel again.
Ichimoku analysis on daily:
The price is currently blocked by the cloud. Pressure is building to reintegrate the cloud.
The lagging span (green line) has broken the Tenkan (blue line) and is heading for a test of the Kinjun (dark red line), the flat zone of the Kinjun is our 1st target/resistance at 156 (providing the price can reintegrate the cloud).
This is what I'm playing now with a long trade.
The next step will be for the price to reach the top of the clouds (and maybe break out of it) and the lagging span to break the Kinjun, confirming the change of trend.
Note how Ichimoku is precise, all flat zones (of clouds and Laggin span) represent former supports and resistances (the 4 targets on the chart).
On a separate note you can see a sort of ascending triangle on the daily chart.
Trade safe!
More on Ichimoku (by Investopedia):
The Ichimoku Cloud is a collection of technical indicators that show support and resistance levels, as well as momentum and trend direction. It does this by taking multiple averages and plotting them on a chart. It also uses these figures to compute a “cloud” that attempts to forecast where the price may find support or resistance in the future.
Key takeaways:
The Ichimoku Cloud is composed of five lines or calculations, two of which comprise a cloud where the difference between the two lines is shaded in.
The lines include a nine-period average, a 26-period average, an average of those two averages, a 52-period average, and a lagging closing price line.
The cloud is a key part of the indicator. When the price is below the cloud, the trend is down. When the price is above the cloud, the trend is up.
The above trend signals are strengthened if the cloud is moving in the same direction as the price. For example, during an uptrend, the top of the cloud is moving up, or during a downtrend, the bottom of the cloud is moving down.
Update to ABNB Trade Setup: Weekly CollarUpdate to ABNB Trade Setup:
This trade popped nicely today after several days of consolidation. I am expecting a small pullback sometime this week and so set up the following weekly collar:
10 SEP 21 $170/$157.50 for $0.35 credit:
Sold to Open the 10 SEP 21 $170 Call
Bought to Open the 10 SEP 21 $157.50 Put
Next week if the trade closes between that collar I will bump it up again. If it closes below the put strike I lock in a small win and if it closes above the call strike I lock in 1.69 R (1.69 x my initial risk).
For details on the original trade setup: