ABNB trade ideas
$ABNB | [Update] Channel Structure and Bull Flag Breakout $ABNB is trading within a large channel and broke out of a bull flag. I expect price to continue higher.
Targets: $190 $195 $200
See my previous ABNB analysis here:
That is why they call me Yoda :) $ABNB first retracement targetHello dear padawans. If you read my last analysis on ABNB (link below) you would know that a move to this level was expected. I will repeat what I wrote there: if you are in for the long term you can start scaling in here (not financial advise, just an idea). I am a buyer on the channel support.
Safe trades my friends!
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***The ideas shared here are my opinion, not financial advise to place trades. Please do your own research before buying/selling stocks***
ABNB in a channelThis is Another request from a follower. ABNB wide swings after IPO created a clear ascending channel . I used the 4hr timeframe for this one because there is very little historical data to plot on the a daily chart . As you can see, the price fell about 10% in the last trading session. It found support on the 9-ema (where it is sitting now) and the 14-ema (check the lower shadow). MACD is curling down sharply as well as the Stoch . Below the 14-ema there is support around $161, which is in confluence with the 21-ema at the time of this writing. I am inclined to think the price will fall at least to that level. Depending on how it reacts there, it could revisit the channel support. I would only get into this one if the price moves to the bottom of the channel but if you are in it for the long term you could start scaling in from the $161 level (not financial advise, just a possible strategy to ponder about).
Safe trades!
Share the love:
If you get anything out of this TA, please like the chart so it moves up and others can benefit from my work. A simple click on the like button goes a long ways.
Follow for more:
I have an outstanding winning rate (check my other charts). If you want the best entry/exits just follow me, you won't regret. Thanks a lot!
***The ideas shared here are my opinion, not financial advise to place trades. Please do your own research before buying/selling stocks***
Just want to watch how this thing goes along with economy It's very nice and easy trend to see. Def in my watchlist :) I am still neutral with the trend now.
$ABNB - bearish within bullish channelThough stock is deemed to be overvalued fundamentally, it is floating upward forming the channel.
Based on the trend pattern and fib level - this week it may test 154 level.
short term forecast downwardsprice can go below $160. price trading in a channel
but my long term view is upwards. i believe, price will cross $200 1 to 4 weeks
ABN15 min chart looks like head and shoulder, will be just a short correction then will continue on the upside.
AirbnbWe've gone up from 120.00, I think we're due a short term retracement before going higher.
There are two patterns here;
- Ascending wedge
- Horizontal channel
Also the most recent thin candlesticks suggest selling pressure into the 180.00 range.
The next good ranges for accumulation could be:
- 160.00
- 140.00
- 120.00
DYOR!
James.
ABNB threatening to breakoutWatching ABNB close to ATHs here. Would like to see a couple of inside bars then a break higher. Stock has a wide range so plan you risk carefully.
I like it long within and above the box. Less interested below the box.. Needs to hold the 786/886.
$ABNB | Bullish Wedge Breakout & Bull FlagGreat long opportunity on $ABNB.
Targeting $155 -> $160
Good luck!
ABNB - watch the hourly chart, and be ready for a great tradeA recent IPO stock, ABNB got off to a high-flying start. However after dropping from the 170's, price could be in a bear flag. On 8 Jan you see a big red candle (white arrow) followed by consolidation.
That drop caused RSI to test 50, and at the end of the week there was another dip and bounce at the 50 line. Look for one of two trade triggers here. If ABNB trades over the high of Friday's last green candle, then trade calls/long as a RSI double bounce off 50 line usually leads to a strong move up. Better yet, set an alert for ABNB to trade over the high of the big red candle or below its low. The latter would result in a puts/short trade and RSI drops below 50.
You can look for day trade opportunities, and this coming move should make for a nice swing trade. While price should head back to 170 or 125 (green and red lines), I am expecting a move to 200 or 100. I do have a bias towards puts, but I will stay patient and wait for the chart to speak to me.
abnb has entered a downward channel and printing bearish candleslook for an entry around 126, if the move continues down enter at 88
$ABNB AirBNB potential projection$abnb
AirBnb retracing from its highs and POTENTIALLY finding a new trend.
Also some attention grabbing repeat buying of 1/29/21 $200 calls on the option flow today.
ABNB Round UpABNB has just remounted over its moving averages and posted a higher low while doing so. This is starting to form a rounding formation back to the highs around the 163-170 range. An elliot wave formation is also forming, so a longer term all time high may be posted. I set target to where resistance is, because more than likely there will be a pullback and a better spot for reentry to capture the elliot pattern to an all time high.
