ABNB Rangebound$ABNB has been trading in this range since September and it looks like it's getting ready to breakout.
Regardless if it is ready or not, just play the range.
4ABNB trade ideas
Falling WedgePrice appears to have broken up from a rising wedge which can be a bullish chart pattern. Falling wedges are usually found after a deep pull back or at the bottom.
The structure slopes down with the trend and the lines narrow at the apex.
Cup is forming. I do not see a handle.
ATL 81.91 ATH 219.94.
No recommendation.
RSI is at 76.97 and is set on 80 versus 70.
Airbnb, can you double you money? Massive double topsPrice has been falling since November 2021, no signs of turning back up, and massive bearish patterns on all timeframes. Most likely to keep falling along the descending channel. TP $50 (why not?). SP outside the channel and wide. I'll hold this one 3 or 4 months.
ABNB close to our price targetIf you haven`t sold at $148 when i warned you about the high valuation:
Then you must know that ABNB Airbnb will close its business in China because of strong competition with local operators.
My price target is still $95.
Looking forward to read your opinion about it.
Bias more on upside for ABNB8th Jan 2023
Everyone can't wait to travel. 2023 is a good sign to relook into travel, hotel and accommodation industry.
With China reopens borders, there may be a surge in term of sales for these sectors.
TP: 100
SL: 82
Airbnb Inc Fib Triangle Airbnb is in a long-term triangular formation where market will correct itself continuously, a strugle of bulls and bears and shaping patterns.
Buying: inside cold colors hitting Fib lines and at breakout from top downward line.
Selling: inside hot colors touching Fib lines and once price is breaking below bottom support line.
Personally, I'm bullish on this one, without thinking about selling.
AIRBNB - BULLISH SCENARIOAlthough the company's growth rate has been slowing down in recent quarters,
Airbnb`s business fundamentals remain solid.
For the period ending Sept. 30, 2022, Airbnb's sales totaled $2.9 billion and rose roughly 29% year over year.
Also, the company reported $7.5 billion of cash and cash equivalents at the end of the quarter
The first resistance is located at $ 98.
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Airbnb IPO - Will it have a price halvingI've seen a lot of IPO's that almost immidiately halve in price after the IPO, then promptly put a nice W in and then turn back up.. so Im making a prediction that something like that will happen here. Very curious to see what happens.
ABNB falling wedge Long IdeaABNB is forming a falling wedge on the daily chart holding and bouncing off lower trendline support.
MACD and RSI are also showing positive confluence
ABNB Massive LevelIf ABNB manages to get above the 86.75 level, we should see a pretty nice rally opportunity!
ABNBNot financial advice.
The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
airbnb is long for long time airbnb is in terminal as C of zigzag , for now we are in end of wave 3 of this terminal
AITBNB - Possible Long OpportunityABNB is showing signs of strength still to be confirmed if the stock breaks above the resistance line.
Divergence in RSI, OBV in both daily and weekly charts.
entry could be possible at this level with stop loss around 85-87.
Free Cash Flow around $1B.
*Not financial advice, do your own research and let me know what you think.
Thanks,
Sam
Airbnb | Bullish Trend Starting | 1 Hr
Airbnb is entering in a bullish trend as we have spotted Three White Soldiers (highlighted). This indicate that bulls are getting aggressive.
It is not a financial advice.
Thanks
ABNB ShortLooking to take ABNB for a 2-1-2 continuation on the daily to the downside. This already lines up nicely in FTFC with the weekly and monthly for the short play already. Although it is a one and can break to the upside I'm not neutral on it because of FTFC this late into the month and middle of week.
Bearish on ABNBBased on its current bearish trend and its relative performance compared to the SPX, it appears that ABNB is prepared to drop down to the June/July low of $86.71.
AirBnB| Bullish Trend | 1 Hr | 25/11/22
AirBnB is in Bullish trend for short period of time
It is not a financial adivce
Airbnb, Inc. Potential Corrective Move AheadLooks like Airbnb, Inc. (ABNB) can easily print a bullish move.
We have higher lows since late June.
It can just as easy go down if it breaks below the early November low.
Likely to go higher though since December is coming/holidays and people travel and rent a lot.
The immediate resistance is set at 99.9.
The easy target is 111.11
The potential target range for a bigger upward correction is the 123 to 130 range.
Some mixed signals but we lean LONG.
Namaste.
AirBnB in short positionWhat we can see in the chart is a double top formation.
The price broke already below the neckline, however the target has not been reached yet.
The price bounced back up and is getting rejected from the previous support.
Therefore we are expecting the price to continue the downtrend and reach the target from the double top formation.
$ABNB (Airbnb): Price Action & Technical Analysis"I thought of them (the stocks he bought) as something belonging to me, like members of my family. (...) This state of mind lasted until I realized that my pet stocks were causing me my heaviest losses."
Nicholas Darvas
Perhaps back in Darvas's days this phenomenon had no name, nowadays there are some badass social-economic scientists calling it "endowment effect". That's a key human bias.
Among other effects, it entails that what you lose hurts more than the pleasure you get when you win. Or put differently, you're naturally built to reluctantly give away that which is already yours.
This human bias, in specific, is what causes you to hold on so dearly to the stocks you own. It is what causes you to hold onto even the stocks that are smashing your P&L. Why? Because once you sell them, you will officially be recording a loss ... and losses are just so painful, right? I'm sure you know what I'm talking about.
This heuristic and it's repercussion in trading leads me to an important point I keep on underlining:
Trading is not hard because you need to command technical analysis’ concepts and all sorts of patterns. That's the basic and easy part. Trading is hard because as human beings, we are hardwired with dozens of these heuristics. You will only make money once you start being able to acknowledge their existence and learn how not to fall prey to them.
In other words, profitable trading implies deeply counter-intuitive behavior.
Do you have what it takes to act against your nature?
On the easy-part-of-trading section, today I brought you $ABNB - Airbnb.
Link in bio for in depth analysis.
ABNBNot financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
