AIRBNB - ABNB - ADDING WAVE 2 - 160-175PT CALLSAll,
I think ABNB once retraces a tad more will be ready to move up onto wave 3. In the even SPY crashes we may see a double bottom instead. Otherwise I will be adding soon maybe today just depends.
ABNB trade ideas
Trade review How i Traded $SQ, $ABNB, $ROKU, $NVDA, & $SNAP!In this video I will reviewing trades i took 6/18/2021 which were $SQ, $NVDA, $ABNB , $ROKU showing you guys my favorite pattern "Flags" to make some insane returns! Traded these tickers using my knowledge of technical Analysis , sharing my levels: Support & Resistance , my trendlines , Fibs, Waves, Price Action, Channels , Emas, and prior experienced , while providing both bullish & bearish scenarios for you to be able to understand my analysis and wait for confirmation as always!
Technical analysis update: ABNB (8th June 2021)ABNB has been publicly traded since 10th December 2020. ABNB has enjoyed wild ride up and down since then. Currently, we think there is high possibility that ABNB bottomed out on 19th May 2021 and that there is good chance it will continue upwards. Stochastics, MACD and RSI are bullish. In addition to that moving averages are also bullish. We would like to update our short term price target for ABNB to 160 USD per share.
Disclaimer: This analysis is not intended to encourage buying or selling of any particular securities. Furthermore, it should not serve as basis for taking any trade action by individual investor. Your own due dilligence is highly advised before entering trade.
ABNB: Retest of 21EMA, Then a Rally to the 50DMA?ABNB lost some steam yesterday after testing a 153 handle. We saw some light inflows today at the open, which have now been erased, but we look poised to test the 50DMA sitting around 156.36. We also have room to run toward the upper band of the triangle around 160 if the 50DMA is captured, where we should see strong resistance and possibly a continuation of the recent (persistent) downtrend. A break above the upper band resistance would see us breakout and a new uptrend would form. The major headwind here is sentiment around growth. If the Fed comes off even remotely hawkish, growth is going to tank...
ABNB $150C Jun 18 2021 Filled @$2.05 These contracts are currently in the money and looking promising with the current trend analysis. The current share price is just below the 200 EMA and has set up for what looks to be a strong RR coming. I’m looking for the share price to move up at least 2% in the first hours of trading Jun 16th. If we can get that movement we should see strong bullish movement and break through new Fib Levels.
ABNB has also teamed up with VRBO on there new plans to battle VRBO and ABNB house parties. This PR i believe will help bring attention to ABNB setting up for a bullish divergence.
ABNB - LONG - CHANNEL NEEDS TO BREAK TO MOVE HIGHERThis is a complimentary analysis from my 1st chart on ABNB, looking for a short term channel break to enter with stop/loss at the channel, and profit targets at 1:1 fib ext and 1:1.618 fib ext. The volume profile is showing empty volume in this area so it is likely that we should see hyper movement to the upside soon here just waiting for the ignition. I will not enter this until 2 30m candles close above the current channel.
$ABNB So close to the break today...Love this one for a reopening position. Beautiful cup and handle still looking primed for a break out
$ABNB extended out a week...Still bullish on this, gave myself a little more time, $165 calls for 6/25
$ABNB - on volume shelfThis IPO, like $SNOW, is hanging out on the volume shelf. Really looking for a jump up, I just do not know when.
I did grab July 23rd expiration calls at $147 strike. It wobbles red to green for the few days I have had it. Could be a nice winner. Stop loss is tight...20% is all I am willing to lose.
6/15 ABNBwe entered within the purple zone, and now we expect ABNB to break out this downtrend first
need time to consolidate, but I think ABNB shall be doing fine
ABNB - Second try to rise 📈-After breaking the previous week's bullish channel, now ABNB has formed an inverse H & S.
ABNB updateABNB 2HR TF
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Analysis
Wave 3 of 3 in motion, failed pennant breakout last week but bounced nicely off bottom channel trendline with lots of room to the upside to run.
*Levels and in depth analysis on previous post*
ABNBAnother re-opening play here. Triangle getting tight. Break above the $151 trendiline targets $175. Tight stop loss of $140
$ABNB Daily resistance and support levels
breaking out of bubble
i see bullish divergence to 180, tbd
$ABNB trying one more time...Grabbing a few $160 calls for next week, done with lockup period, maybe we can go now...
ABNB will test it’s support ABNB vs Traditional Hotels. Personally think Hotels have rebounded from stock price but ABNB will take more time. If it breaks 140 support it will go into correction territory waiting for buying opportunity due to ABNB upside when international travel resumes. If it rebounds up over 160 range 12 month target should be in mid 200’s. Long on this stock since millennials are all about experiences and ABNB is able to conver t lodging into experience.
Cup & handle or bear pennant?So here's my thing with Airbnb , I kept watching it all day. I noticed it spikes then it drops... are market makers slowly scaling or or shaking out the weak?
I believe Airbnb will hit close to 156 hopefully by July-August since covid restrictions are been lifted in many countries.
Right now WSB stocks are running the market , keep on watch or slowly scale it. I'm more of a two weeks- monthly type swing guy.
Good luck :-)
Scenario # 1
So far i see this is forming a bearish pennant on the 15min, with support at 144, if that support level fails, 141 major support.
Scenario # 2
It's forming a cup and handle pattern and wants to break out upward to 156
=Key Levels=
support a. 146
Support b. 144
support c. 141
Resistance a. 149.80
resistance b.150.89
I am not a financial advisor. Do not take as financial advice, ever.
Do your own research.
Consult a professional investment advisor before making any investment decisions! My ideas are for entertainment only!
