ABNB Trade SetupABNB is bouncing off of the 10 EMA and 100 SMA nicely with long wicks (semi-highwave candle). Just had a double bottom after some ranging consolidation and breaking the upper trendline. ABNB appears ready to break higher. Watch out for resistance levels around 164 and 172. These would be great spots to consider setting up weekly collars if we get there.
I will be doing 50% of my trade with the Aggressive Stop and 50% with the safer stop.
Disclaimers: I am bullish long-term on ABNB so any chance I have to trade it long I will. While this is a trade I will be placing myself I am in no way advising you to copy my setup. You must make your own decisions as you will bear the risks associated with any trades you place. To sum it up, trading is risky and do so at your own risk.
Abnb
AIRBNB (ABNB) | Short-term Breakout, Wait For a RetestHi,
AIRBNB made quite a solid breakout after Reuters reported that the company has offered to provide free, temporary housing to 20,000 Afghan refugees worldwide. Do your own analysis and if this matches with my TA then you are ready to go. Wait for a retest of the breakout area!
Regards,
Vaido
Boxes trading strategy example. $ABNB stock.Continuing my tutorials on boxes trading strategy.
This time let's analyze NASDAQ:ABNB stock price movement.
Taking all appropriate steps as described in my first lesson:
1. Identifying long-term trend channel.
2. Finding supply and demand zones.
3. Drawing a box inside which price is moving sideways.
4. Buying demand zone bounces.
5. Watching for breakouts.
There are some curious details in this stock's price movements.
We can see there was an attempt for a breakout from the box on the session opening of July 1st. However, there was not enough volume for the move higher, so the breakout failed.
As expected, the stock reversed to go lower in the followind days.
Even though this stock is in a falling trend channel, it's very news sensitive stock.
For instance, if there are positive news regarding COVID mitigation, we could see a major breakout from the falling trend.
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Airbnb has been on my radar for a long time now. Personally, I think it's a great long-term investment and I've been buying the stock on it's way down. I believe it will be a great post-COVID play.
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Disclaimer!!!
This is not financial advise.
Breakout of Downtrend with a Golden CrossStrong Support with a double bottom as the green supply zone, Rebounded well and broke out of the downtrend.It is sitting above Moving averages and seeing a Golden Cross in the making on the 4HR Chart. A nice squeeze from $157 to $162/$163. but must break $150 first and turning resistance to support. Much bigger upside from $165 to $200. Would be good for long term holding. However beware of delta variant cases affect reopening stocks and also Earnings is coming up on 12th August.
Airbnb (ABNB) We all know Airbnb,
no matter where you are, by opening the app you will surely find accommodation.
This simple idea has led Airbnb to have a Market Cap superior to the most important and historic chains in the Hotel sector, such as Hilton, Marriot, or Accor.
The IPO that arrived in December 2020 immediately had a big boost after the first week of trading, as often happens.
Between February and March, we had a double top, followed by an important descent that ended in May, also accompanied by negative ROI and P / E below expectations, but obviously, data conditioned by what is happening in the world.
After the double low in July, I was expecting the break of the resistance trendline, which then took place on July 30th.
We are facing a possible trend reversal that will have to be confirmed by the breakout of the price level of $ 157.49.
As far as I'm concerned, this is not short-term trading, but a long-term investment.
I believe in the company, in its fundamentals, and in its growth.
Considering the global scenario, with a pandemic not yet completely overcome, for my portfolio, it was time to insert ABNB.
We are close to the Earnings, I intentionally entered first with a part of the investment. Should the price fall, the important levels to buy are $ 130 and $ 121.
For those interested in medium-term speculation, the levels where to take profit in my opinion are:
- $ 170
- $ 190
- $ 216
A few important statistics as of August 8, 2021:
Short Float: 5.16%
Average analyst target price: $ 173.68
RSI (14): 60.57
Performance Half Y: -23.20% (last very important figure, considering the potential of the company, let's always remember the words of Warren Buffett: Try to be greedy when others are scared, and scared when others are greedy).
Lazy Bull
ABNB with a double bottom pattern?!Airbnb!! This might indicate the beginning of a reversal! The only thing issue regarding this analysis is that, it would have been better if the distance from the 2 bottoms were more than 3 months. Besides this, it looks pretty clean! And i'm liking this 0.786 region.
ABNB - Hitting the Potential Support!-Normally S1 at around $130 would be great support but still hasn't proved itself. For mid and long-term investors like us, this is a dip price to buy of course but for short-term retail investors, a buy signal hasn't formed yet.
-There is still a potential to drop to S2 at around $120.
-For long-terms, buy the dip guys, short-terms should wait!
$AAPL $ABNB $MSFT $SHOP I OptionsSwing WatchlistAAPL 1D I After catching the break to the upside on AAPL, it seems a bit overextended. Our price target is near $155, the RSI is already showing a bearish divergence.
ABNB 1D I Expecting a run up into earnings on 08/12. $130 has to hold or it could flush. Watching for a possible reversal with volume around this area.
MSFT 1D I MSFT has been trading within a channel since the end of 2020. A bearish divergence is present and a pullback is expected soon.
SHOP 1H I Watching above $1,450 for calls, and below $1,425 for puts. Risky plays as it leads into earnings. We are seeing a possible bull flag or descending H&S.
ABNB - 5 wave impulse soon! ABNB currently forms a range that has a corrective effect. I like to trade breakouts. And here I expect an upward impulse soon in my imminent scenario. ABNB still has some room to build another low. A possible level would be 135.93. According to my calculation, the probability of a retest is still 35%, as we have not overcome the high of 1 (orange / 153.82) yet. If this is the case, only 157.39 have to be overcome. I am trading a superordinate wave 3. Statistical target 180 USD. Pullbacks are worth buying. Anything above 129 USD is ok and wouldnt invalidate my setup. I expect a 5 part upward movement soon.
ABNB - long from 136 area KEY NOTE - SPECULATIVE SETUP - not a financial advise - do your own analysis
⏳ Analysis TF - 15 minutes
A correction is possible with a little room to move lowed without impacting the trend higher
Looking to buy at dips around 133 to 136
Retracement to support area
Analysis / Trade Setup / Long and then short
± Short-term Bearish # Long term-Bullish
± Support and Resistance in play
± Major Falling broken
± Bullish trend reversal
± Go long for more $$$
± HAPPY TRADING
ABNB - WHERE THE HATERS AT? LOOKING FOR 160PT - ASCEND TRIANGLE
All,
ABNB looks good as I previously compared was indentical to BMBL on wave 2 big buy would have big returns and it did. Only question does it break out the top of this ascend triangle here or bounce down one more wave in pattern off trend then break. Need to see next week.
Outside factors:
-Obviously DJ/SPY tanking is never good for companies overall.
-Breaking below 2nd yellow uptrend (in pink would be a small put position for $10 150 to 150) Do not think this is likely at all though