$ABNB AirBNB potential projection$abnb
AirBnb retracing from its highs and POTENTIALLY finding a new trend.
Also some attention grabbing repeat buying of 1/29/21 $200 calls on the option flow today.
ABNB trade ideas
ABNB Round UpABNB has just remounted over its moving averages and posted a higher low while doing so. This is starting to form a rounding formation back to the highs around the 163-170 range. An elliot wave formation is also forming, so a longer term all time high may be posted. I set target to where resistance is, because more than likely there will be a pullback and a better spot for reentry to capture the elliot pattern to an all time high.
Game Plan #stocksAirbnb has a near term range from about 151 to 143. That area is resistance for now but if we can get a close above 151 there could be larger reversal play to the upside. For now we remain patient. So far there has been no trend. The next area of interest would be the lows near 121.
Point of critical Level for ABNB ABNB is around their opening IPO price, approaching point of convergence in a descending triangle formation. Can be played in either direction with a confirmation from price action levels.
ABNB over 149.00Some nice confluence here, 149.00 resistance set by price action slightly above the VPOC and .5 fib. Look for continuation over 150.00 psych level and daily close within the emerging channel.
AIRBNB Simple Analysis- No big volume shown
- Fibo retracement at 0.618/0.5
- Potential to go 195$ if there's smart money
ABNB Bullish: $180 soon?NASDAQ:ABNB seems to be bullish.
Vaccines are starting to be distributed around the world. Will 2021 be the year of the travel industry?
Your comments are welcome.
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Legal disclaimer: I am not a financial advisor. The advice here given is not a financial advice even though my excitement might make it look like such. This account shouldn't be followed by anyone expecting something from me. You trade at your own risk and nobody can guarantee you results. Even if someone could, I don't.
My Christmas Present to You! $ABNB AIRBNBAs Airbnb comes to $151.1 and teases us with a breakout, I think it's important to watch these next days of price action.
We've broken out from $151.1, looking for a small bounce than a nice correction back to $151.1 to hold as support...
Merry Christmas & Happy New Year!
BUY & HOLD LONG
DCJ
Airbnb - ABNB price analysisIt looks like many IPO investors get rid of the ABNB stocks, and new stockholders came at the price of $124. Let's wait if ABNB breaks up the resistance around $154.
AirBnb: Surely to Watch: USAHappy Holidays
By Sun Storm Investment Research
A Profit & Solutions Strategy
It happened: ABNB broke the IPO highSo for those that were patient and were following my last post about ABNB I just got an alert that it finally broke the IPO day high.
At this point there are different ways to structure a good trade both in terms of entry and in terms of risk.
Entries:
Take a breakout now... this is for the FOMO traders out there that are afraid of missing the move! (I find this to be a poor method in general)
Wait for a pullback to the level proper.
Now that there is some established prior price action one can setup stops at technical levels either below the last swing low or the all time low. This is very helpful in structuring your risk and position size. Good luck!
