ABNB trade ideas
ABNB BREAKOUTLooks like trend will break to new highs right after the July 4th-5th vacation. Moreover, positive EURO 2020 data which proves that the service is also essential for new kind of travel in Euro Zone, not only in US.
Therefore, both technically and fundamentally important milestones are to be reached soon which makes the outlook remarkably positive.
AirBnb - expect downside Airbnb's IPO price was $68, and it listed at $146, a massive premium. Naturally there is a fair amount of selling pressure, and it may struggle to maintain its price above its listing price.
On the expectation of broader market downside, expecting price to drift down to $80-90 range.
AIRBNB - ABNB - ADDING WAVE 2 - 160-175PT CALLSAll,
I think ABNB once retraces a tad more will be ready to move up onto wave 3. In the even SPY crashes we may see a double bottom instead. Otherwise I will be adding soon maybe today just depends.
Trade review How i Traded $SQ, $ABNB, $ROKU, $NVDA, & $SNAP!In this video I will reviewing trades i took 6/18/2021 which were $SQ, $NVDA, $ABNB , $ROKU showing you guys my favorite pattern "Flags" to make some insane returns! Traded these tickers using my knowledge of technical Analysis , sharing my levels: Support & Resistance , my trendlines , Fibs, Waves, Price Action, Channels , Emas, and prior experienced , while providing both bullish & bearish scenarios for you to be able to understand my analysis and wait for confirmation as always!
Technical analysis update: ABNB (8th June 2021)ABNB has been publicly traded since 10th December 2020. ABNB has enjoyed wild ride up and down since then. Currently, we think there is high possibility that ABNB bottomed out on 19th May 2021 and that there is good chance it will continue upwards. Stochastics, MACD and RSI are bullish. In addition to that moving averages are also bullish. We would like to update our short term price target for ABNB to 160 USD per share.
Disclaimer: This analysis is not intended to encourage buying or selling of any particular securities. Furthermore, it should not serve as basis for taking any trade action by individual investor. Your own due dilligence is highly advised before entering trade.
ABNB: Retest of 21EMA, Then a Rally to the 50DMA?ABNB lost some steam yesterday after testing a 153 handle. We saw some light inflows today at the open, which have now been erased, but we look poised to test the 50DMA sitting around 156.36. We also have room to run toward the upper band of the triangle around 160 if the 50DMA is captured, where we should see strong resistance and possibly a continuation of the recent (persistent) downtrend. A break above the upper band resistance would see us breakout and a new uptrend would form. The major headwind here is sentiment around growth. If the Fed comes off even remotely hawkish, growth is going to tank...
ABNB $150C Jun 18 2021 Filled @$2.05 These contracts are currently in the money and looking promising with the current trend analysis. The current share price is just below the 200 EMA and has set up for what looks to be a strong RR coming. I’m looking for the share price to move up at least 2% in the first hours of trading Jun 16th. If we can get that movement we should see strong bullish movement and break through new Fib Levels.
ABNB has also teamed up with VRBO on there new plans to battle VRBO and ABNB house parties. This PR i believe will help bring attention to ABNB setting up for a bullish divergence.
ABNB - LONG - CHANNEL NEEDS TO BREAK TO MOVE HIGHERThis is a complimentary analysis from my 1st chart on ABNB, looking for a short term channel break to enter with stop/loss at the channel, and profit targets at 1:1 fib ext and 1:1.618 fib ext. The volume profile is showing empty volume in this area so it is likely that we should see hyper movement to the upside soon here just waiting for the ignition. I will not enter this until 2 30m candles close above the current channel.
$ABNB So close to the break today...Love this one for a reopening position. Beautiful cup and handle still looking primed for a break out
$ABNB extended out a week...Still bullish on this, gave myself a little more time, $165 calls for 6/25
$ABNB - on volume shelfThis IPO, like $SNOW, is hanging out on the volume shelf. Really looking for a jump up, I just do not know when.
I did grab July 23rd expiration calls at $147 strike. It wobbles red to green for the few days I have had it. Could be a nice winner. Stop loss is tight...20% is all I am willing to lose.
6/15 ABNBwe entered within the purple zone, and now we expect ABNB to break out this downtrend first
need time to consolidate, but I think ABNB shall be doing fine
ABNB - Second try to rise 📈-After breaking the previous week's bullish channel, now ABNB has formed an inverse H & S.
ABNB updateABNB 2HR TF
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Analysis
Wave 3 of 3 in motion, failed pennant breakout last week but bounced nicely off bottom channel trendline with lots of room to the upside to run.
*Levels and in depth analysis on previous post*
ABNBAnother re-opening play here. Triangle getting tight. Break above the $151 trendiline targets $175. Tight stop loss of $140
$ABNB Daily resistance and support levels
breaking out of bubble
i see bullish divergence to 180, tbd
