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
ABNB trade ideas
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.
Symmetrical Triangle/Earnings AMCCORRECTION: 1st target if this breaks to the downside is 99.75
Earnings are today AMC.
Neutral pattern until a a line is broken with a trend in that direction.
No recommendation..
Bullish Harami today but it needs confirmation.
This could be a tough day to report earnings with the fed talking tomorrow. Time will tell.
It appears most analysts are expecting an earnings beat but it is the reaction to the news that counts.
Short interest is around 4.75%.
ABNB daily evening star reversalOrder SELL ABNB NASDAQ.NMS Stop 114.63 LMT 114.63 will be automatically canceled at 20230401 01:00:00 EST
ABNB daily evening star reversal if break below should go wave C of correction to at least100% fibonacci extension of wave A or 168% of wave B.
ABNB possible head and shoulders The Head and shoulders pattern is considered one of the most reliable trend reversal patterns.
Downfall of $ABNBSome thoughts on $ABNB. I've noticed something. Many Airbnb owners are selling their apartments, well there are many reasons for that inflation, and house values rapidly going down like all other real estates.
Fewer and fewer people have been booking Airbnb, I'd estimate over 50% crash in bookings so far!
Insiders have sold a shit ton as well. www.marketbeat.com
I think most Airbnb hosts are renting the place, whilst rents and costs go up so will Airbnb prices, and hotels are already way cheaper than Airbnb, and as hotels also include cleaning, food, and more who would like to stay in Airbnb?
Technical analysis also backup this downfall of $ABNB, chart belove
ABNB Rejection of Double Top Neckline/W Bad News10/14/2022 -- Joseph Gebbia, 10% Owner, Director, on October 13, 2022, sold 250,000 shares in Airbnb (ABNB) for $27,531,705.
Here is ABNB 4 HR chart. We have a big double top on the higher time frames. We broke that double top neckline we used for support and are now rejecting the double top neckline while setting up in a head and shoulders pattern on the smaller time frames. The move should take about 6-10 days to play out so give yourself time not investing advice. White zone and Low of year area for final TP. I'll be looking for this to start playing out next week.
ABNB: October 12 - 13thA few things to consider going into tomorrow and Thursday. My best guess based on outcome below.
Oct 12: PPI Expectations (Core YOY = 7.2/7.3) (Core MOM = .03/.03) (PPI = 8.4/8.4)
Scenario 1 - Better than expected PPI report will drive the stock to 114 range and it'll close at 11.30 range (below 8.4)
Scenario 2 - Expected PPI report will drive the stock to 11.30 range and it'll fall back and bounce between 108 and 110
Scenario 3 - Worse than expected PPI report may trigger the bear flag and stock will fall 100.75 - 102.90 (above 8.4)
Oct 13: CPI Expectations (CORE YoY = 6.4/6.5) (MoM = .05/.05)
Good CPI report - $117.50 by days end
Bad CPI report - $91 - 95 range by end of day
Is Airbnb Heading South for the Winter?Airbnb has been trending lower since late 2021. Now, after a period of consolidation, some traders may expect the weakness to resume.
The main pattern on today’s chart is the 100-day simple moving average (SMA), which has been steadily falling all year. ABNB is back under this line after unsuccessfully trying to reclaim it in August, September and earlier this month. That may suggest its longer-term downtrend is continuing.
Second, the apartment-sharing stock bounced around $130 three times between May 2021 and March 2022. But it broke under that level in May 2022 and has remained there since. It also marked the intermediate-term peak last month. Has old support become new resistance?
Finally, this chart includes our 2 MA Ratio custom script. The default settings of the 8-day exponential moving average (EMA) and 21-day EMA are used. Notice how the oscillator turned negative recently as the fast EMA dipped under the slow EMA. That could also suggest bears are taking charge of the price action again.
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ABNB daily bullish hammer at local pivot highABNB daily bullish hammer at local pivot high gotta be quick possibly wave 4 of downtrend. Moved my stop loss to $105.02 after this day bullish candle.
$ABNB - new upward channel possibly looming?Since $ABNB is now profitable, have increasing cashflow and doing buybacks, is it possible, considering that a major bottom for the market could be here in October, that we could see a new bullish channel could start.
ABNB: Inverse head and shoulders on close watchABNB
What a beautiful and clean inverse head and shoulders on ABNB.
Technically we just broke the neckline (dotted line), if we close above it today, the pattern will be confirmed with a target between $153 and $161.
This one is a bit tricky though as there are some resistances ahead:
-The horizontal resistance at 130
-The down trend line connecting all the previous highs since November.
A positive note is that the stock has not followed the overall market the last few days. Could ABNB be benefiting from rent inflation? Possibly.
I will long the stock above $130. First target will be $147.
Keep it on your watch list.
Trade safe.
AirBNB Triangle/Squeeze.Just observations mostly...
Here we have multiple trendlines for references, simply put we are in a Triangular Squeeze, previously we had weekly bearish divergence from the RSI and the price has dropped as you can see. To be honest I can't make heads or tails in terms of direction, but if this a Falling wedge? You guys are in Trouble. Keep a look out because "The pole" to this flag is long..., Only thing that is interesting is the TTM Squeeze is pulling up which is good for for a situation where the price action has been horizontal, let alone in a triangle.
