4ABNB trade ideas
ABNB 1/12/2022Daily Chart analysis
ABNB has been moving side-ways in a price channel since it went public back in Dec. ’20.
There are currently 3 major areas price has been respecting: 131, 170, 211.
After initially topping at around 211 area, price made a series of lower highs into 170 area before breaking down and finding support at the 131 area.
From there, price worked its way back to the 170 area where the 50ema held price up and catapult it back to the previous highs of 210.
Price rejected 210 level and was shot back down below 170 support area.
Price fell below 170 area but did not fall back down to 131 area. Buyers held the price up around 170 area and have now formed double bottom pattern. The buyer pressure here has prevented price from fallen below 152.
I will be entering this trade looking to take a swing from 170 to 210.
Entry: 170
Stop loss: 147.25
Target: 210
$ABNB analysis Sideways price movement around HVN/ POC- basing for a directional move
Take caution around $147.9 level, we must see initiative action below $152
ABNB Reversal?Bull Flag on 15 min?
A good trade near the risk on both sides.
Its been weak due to omicron and now the market is tanking.
ABNB: Short Swing Trade UpdateCancelling the previous order and setting up a new one with a better entry point around the new inverted hammer. Believe the 200EMA and weekly resistance along with a weak overall market will win the battle in the short term.
AIRBNBhad a homie put AirBNB on my radar, looks like a sick entry if support can hold - which seems likely. hold following by a breakout i could be 190 in the targets. volume is on its side
$abnb$Abnb seems to be holding true to swing high from november 16th, coming close to my speculative apex.
Head and Shoulders Price has broken neckline. There is not a confirmed downtrend yet.
Previous head and shoulders pattern noted. It appears there was a double bottom, then price resumed and uptrend before forming another head and shoulders pattern.
This pattern does best in a bear market as the neckline is a strong source of support, until it is broken. Then it becomes resistance.
No recommendation, sorry for the lines versus candles, but I can not get my candles back right now for some reason.
Just a bad day I suppose )o: I am tired of seeing bad patterns as of late.
Airbnb does not look good right now!Looking at the chart from a technical perspective, Airbnb seems to be heading to the lower end of the downtrend channel, as the Lower High and Lower Low Pattern indicates.
RSI would need to calm down as well and even dip into the oversold area at least on a daily basis.
Next stop imo is around 120 USD
If there are no new events like "COVID is gone" or anything in that direction, I do not recommed to go long on #ABNB right now.
What is your opinion? Help the community and comment.
PS. No financial advice! Just my opinion.
Video fluff of $PYPL $ABNB $RBLXcharting as i go on lower time frames. Killer day on ABNB with over 100% ROI. getting crushed on PYPL , lol, and watching RBLX play out.
$ABNB and other stuffabnb playing out as i had viewed it, morning pop and bears will eat... so far, lol i'm short but things can change. don't give back yo money! glta main support coming up so watching candle action at the 170/168 area if it gets there.
ABNB ready?Strong bullish candle yesterday (daily)
Price had already broken out of trendline, and it was consolidating.
Calls: Above PM high
Target: 180
abnb breaking out, a little resistance around 175s🧐abnb broke downtrend resistance, did a retest and successfully bounced off previous resistance.
Now we are approaching strong resistance at 174.24-177.03 these would by my short term price targets.
If it breaks 177 it could hit 187.76 before we see a big pullback.
like and follow for more 💘
$ABNB Trade ideaABNB is looking for wave 2 or wave B bottom between 158-163. Both bear and bull counts point up out of that zone. Will be looking to add longs on reversal from that zone - Minimum PT 181
Airbnb ~ ABNBGreat company
Chart explains itself and I believe this one will be continued to go on discount in the following years but is one of the best stocks to pick up for the future of travel!
Short $ABNBLooking at ABNB, for a low risk short entry.
Stop-Loss = Daily candle close above 50EMA.
Targeting - $151 area. (sub - $142 area = Greedy Target)
Keeping an eye on Fisher Transform & RSI to stay below previous pivot highs.
Also looking at MACD for a bearish cross for confirmation.
LONG - AIRBNB (ABNB) - 1DDECISION PROCESS
Trend is degressive (logarithmic selling strength to target price level)
Strong selling exhaust (price is moving strongly with volumes)
Buying pressure (First buying signal appear on support levels) + Volume pressure but I prefer to wait two signals on two different candle (otherwise it could be already an entry).
Contradictory strength (Second buying signal (and confirmation of first one) appear with a buying volume candle)
TIPS
- If market is lateralizing and didn't took direction until the 61.8% extension of the last mouvement (red vertical dash), exit or target breakeven of the position need to be think of.
- On r/r=1 breakeven of the position need to be think of.
- Always stay aware of economic news and movement of the engulfing market (Here ES1!).
PS : Pay attention to reversal signals on yellow line, it could occured an anticipate exit.
