ABNB trade ideas
ABNB LONGEntry 168-170
Target 200-250
This stock is in a channel so be careful at resistance where the trendline is... Right now is at the bottom of the channel so good time to buy and dollar cost average if possible.
Support has been holding at the 165-168 zone for 2 months give or take (every time it touches this area it bounces back)
top of the channel is $200 if that gets rejected... down we go again so do watch that level carefully!
This is a recently listed stock so theres not much data so keep that in mind if you are conservative !
Overall ABNB is good to hold long term, I personally will see how price action behaves at different resistances zones.
ABNB - Bullish Mornng StarSince peaking on 11 Feb this year, ABNB has been establishing a support zone between 162-170. Today it formed a mornng star pattern right in this support zone.
Expect an upswing next. Should trade goes our way, I would consider to scale out partially between 192-195 and ride the rest with trailing stops.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)
ABNB Descending Triangle BreakdownJust broke down from the descending triangle, and closed below the 171 support level on the daily. Things are looking bearish.
$ABNB Let's see Bullish Butterfly Watch prz close for bounce here, bullish price action only, get stops to break even and take profit when you can in this climate
Weekly Watchlist April 19-23Here are some breakout plays that I am considering this week. Not buy recs, just ones that have a lot of potential and could surge to new highs soon. I may post on some of these throughout the week if I see a really good setup. As you can probably tell from the title, I am planning on posting watchlists like this weekly, so like and follow for more :) Good Luck!
My Watchlist:
$ABNB
$F
$CVAC
$SQM
$VSTO
$NET
$NVAX
$PANW
$UPWK
$GE
Important support levelcurrently sitting on a trendline, weekly candle made a possible reversal. Needs to be on watch for a move either direction from here. For the long side careful of the 20sma above its on last weeks high 181.49 and it may not break on the first attempt
ABNB Projection Elliot's wave movement in the previous trend.Now, the price could jump to the next resistance and meet the 100% level of the Fibonacci extension.
ABNB IdeaG'day Guys. Hows going?
Today let's start with ABNB. This pair kinda effected a lot during pandemic. Let's hope their stocks build up once again.
From my perspective, this pair on the recovery structure. I don't read much about them but i analyst based on experience and human behavior
which is considering human behavior internally (Company itself) and externally (Consumer)
Let's what happen next on this pair. Cheers
ABNB 6 test breakdownABNB has tested the 174 area 6 times now, with each test taking out demand and making the support level weaker. It is also underneath all its moving averages which is another bearish sign. Looking for this to break below 174 down to the next area of support around 162.
$ABNB- Time to Sell or Time to Buy More?Option 1 (Orange):
$ABNB is forming a wedge formation and is likely to breakout soon, possibly past that $216 resistance level.
Option 2 (Red):
$ABNB has formed the bearish triple top pattern and is likely to fall further, possibly to that $140 zone, before turning to the upside.
Option 3 (Blue):
$ABNB is forming a new uptrend after seeing growth too steep to hold in the weeks following the IPO.
My Outlook:
I think that Airbnb has enormous potential as a company, especially as we climb back from this pandemic. The vaccines are out, and a huge number of Airbnbs and Vrbos have been booked for this summer. Personally, I would say option one is the most likely outcome, but I am also wary of that triple top formation. If it breaks that bottom support trendline this could potentially fall all the way to $140.
Sine Wave Play? Maybe.As long as $ABNB keeps above $177 and getting more volume.
It could possibly be a sine wave play.
Wait patiently and see if it gets its momentum back.
Target: $200 +
For self-education use only. Not financial advice.
ABNB coming off support with a dojiComing off a trendline with a doji close. Looking for a reversal play coming into the week.
ABNB (Consolidation till Monday)Waiting for confirmation (MA Cross) using the 5 minute timeframe. Will be buying call options with a strike price of 192.5 expiring one month from then at closing. Good luck!
some ABNB upside left before pullback?making a higher low on the daily here on the last dip/bottom trendline dip entry. not looking for any crazy movement here but we can long 188 stop 175 and target 210-215 before a pullback back to trendline. remember what i always say though, recent IPOs are always higher risk because theres no chart history for traders to trade off of. goodluck!
$ABNB Inverse Head and Shoulders Pattern?I've been watching $ABNB and thought we might have had a Double Bottom pattern last week. However, it now looks like it's morphed into a "possible" Head and Shoulders pattern. All TBD. I will look for this to hold above to 50 day and if so, near the end of day I'll likely take about 1/4 position as it would not have confirmed a H&S pattern yet but I like early entries with defined risk which would be back below the 50 SMA... Idea, not investing / trading advice.
AIRBNB—-> experience bull waveAirbnb has shown triple bottom and currently sitting on support level. usually triple bottom are very strong and I believe Airbnb is ready to test its resistance which is around 210 level. I think that in coming days momentum will build up.
The best strategy here will be a put credit spread.
Idea for entertainment, not a trading advice
ABNB Trade IdeaABNB currently trading in a channel. Lower channel was retested and rejected on Friday. If price action (PA) stays above the lower support zone, Buy.
TP 214
SL 166
$ABNB could go either way,but leaning to the bull sideNASDAQ:ABNB I has been consolidating in a large range from around 174-214. It tapped the 173.50 support a couple of times last week and may be looking to reverse and head back up to to the upper end of the channel. The confirmation would be the hold of the support while also breaking through the trend line(green), this would also serve as your safe entry. First price target around 186.50, second 198 and ultimate around 210. If looking at options, if the break happens this week, you could play the 190C weekly if you are risky. Or the safer bet is the 190C or 200C for 4/16.
A bear case would have the price failing to hold support at 173.50 and continue to fall and hold trend, with targets to the down side of 162.40 and 145.50
$ABNB Triple Top- to $140?Airbnb shares formed the bearish triple-top pattern, which means they could fall even further, potentially to $140.
Next few days are crucial for AIRBNB!We are going to be testing the upper resistance line of the falling wedge soon.
If we break the upper resistance line and stay above the 50d MA then it's bullish.
If we get rejected at the upper resistance line, and cross below the 50d MA, then we are probably going to stay within the falling wedge for a bit longer
