ABNB trade ideas
$ABNB is Now a STRONG BUY.$ABNB reached my target price. It's time to get in. Pay attention to earnings tho.
Airbnb Technical Analysis - Elliot Wave Possible CountHere is a possible EW count, the count stands solid as long as the price doesn't go below the start of 1st wave.
$ABNB ElliottWave Count, is the bottom in place?Based on my waves count $ABNB has bottomed out. I expect a blowout earnings report tomorrow that will create a huge bounce. Great opportunity here imo.
AIRBNB - Great Company to Invest In!-All sectors are seeing newbies that are bringing innovative changes to the sector. The Hospitality industry hasn't seen any changes for decades until the new player in the game, AIRBNB. Airbnb has changed the sector from the cores, the landlords. You don't have to be a millionaire hotel owner to operate in the hospitality sector anymore! The simple homeowners are now their own Hotel owners.
-Travellers mostly miss the home environment while they are travelling, the welcoming environment that they leave behind. Airbnb has also eliminated that struggle as the hosts are sharing their warm homes full of history and travellers are staying in a more colourful environment that feels like home and more importantly, is more private.
-The total revenue growth from 2016 to 2019 was 80%, 54%, 42% and 31% respectively.
-Most importantly while searching for a place where to invest, one should follow the steps of the giants and analyze the places that they are investing heavily into. Bill Ackman, the big short gainer that made over $3 billion during the COVID-19 tried to get the big piece before Airbnb opened to the public. He offered the Airbnb funds and asked them to not pursue the IPO and instead accept him and his fund as the investment resource. However, Airbnb has declined the offer and continued filing for the IPO. The lesson to be taken from here and based on what Ackman says, Airbnb is believed to be the future of the Hospitality Sector, the player that will take over the many Hiltons and Marriots.
-Current price of the stock is pretty attractive, however, it can continue to bleed further due to the whole market situation and a potential upcoming market crash. For the value and growth investors, the current price should still be attractive while the short-term volatilities shouldn't mean much. Ideally, we see a perfect entry around 125-130.
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$ABNB - Perfect bull trap - Downside $137An example of a bull trap chart. Getting close to support.
Downside $137.
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
Shorting $ABNB may be a good ideaShorting $ABNB may be a good idea AND GET BACK IN AT AROUND $132-137.
Airbnb testing its IPO valuationNASDAQ:ABNB
Today ABNB share price touched its IPO valuation. This is inlined with the behavioral pattern of many investors after an IPO investment. Nothing really has changed in terms of the business potential for managing the booking of accommodation of all kinds in approximately 100,000 cities in more than 220 countries and regions around the world.
Technically speaking, the stochastics oscillators and RSI indicate the shares have been oversold giving a clear upside potential considering that the shares prices already tested the $220 per share range in February 2021.
With Covid-19 pandemia under control, the Travel restrictions are to be easy when we are approaching the summer season in the northern hemisphere. This promise to be a good season for the leisure, travel, and accommodation business.
ABNB ER run up $ABNB 2HR Chart...
FA & TA
After surging to all time highs after just 2 months from IPO, we have seen a 30%+ correction from February's Highs. Now... with vaccines and more people wanting to experience certain activities that once was restricted due to a pandemic, ABNB's road to recovery could be starting soon. With Summer approaching and leisure travel activities expecting to rebound from March 2020, this is stock worth keeping an eye on for the Long Term and with Earnings approaching it could give investors a clear direction for the company. Now for the short term, it is possible we see a technical breakout of the falling wedge to retest the overall downtrend resistance (white line). Falling Wedge Breakout target - $160-165 needs to reclaim over 157.10 first. Keep in mind overall market sentiment is choppy!
* Under 143 invalidates this idea *
ABNB - AIRBNB - POSSIBLE HUGE BOUNCE PLAY HERE - OPTIONS PLAYAll,
I think short term $162 target. I am extremely bullish on this. I can easily see $180s with a bounce here. Definitely need breakout of this falling wedge 1 day at least bull candle. But overall I think this is will pay off big time in options.
ABNB looks like it shook out weak hands last weekABNB looks like it shook out weak hands last week and put in a nice doji reversal candle. Now testing it's downtrend. Been watching this 181.50 level to buy above for a move back to its ATH.
$ABNB - AIRBNB INC Support Zone
Potential for a reversal after quite a nasty selloff in recent weeks.
Potential support zone includes =
- Fixed Range POC
- Volume Shelf
- Fibonacci Golden pocket
Alerts set for a move above $157.50 for a scale in entry
First major resistance will be the EMA's and Pivots $161 - $167
ABNB - Good case $196, Best case $215, Bad case $160Good case $196, Best case $215, Bad case $160
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
$ABNB Butterfly for the bounce Hey guys watching ABNB for a nice bounce off 155 level @ 1.272 extension, Stop is just below 1.414 @ 148, aiming (TP’s) 382% and 618% and w market strength top of pattern (doubtful)
ABNB Descending Triangle NASDAQ:ABNB
ABNB Descending Triangle Bilateral pattern. Looking for a break of the downtrend daily channel its been for the last 5 weeks. possibly a reopening name & can possibly see a run up before earnings later in May. The monthly May options 190c or 195c is how i will trade this set up. One risk to be aware of is this name is sensitive to rates increasing causing growth stocks to show some relative weakness as we've seen in early march.
Today i went long the monthly may 195c & hedge the position by shorting the 190c expecting a lot of choppiness & premium decay due to EOM rebalancing tomorrow.
ABNB at a crossroadLooks like it can break up or down tomorrow. With low volume support and inflation concerns, I'm thinking it'll break down along with the rest of the market. Up to $181-182 and down somewhere between $161 -167. If it breaks down, I'll be looking for an opportunity to buy somewhere below $144.00.
ABNB: Breaking down of channel. Could see 168 nextBroke down of pennant pattern.
Next levels are 168, 161...
ABNB LONGEntry 168-170
Target 200-250
This stock is in a channel so be careful at resistance where the trendline is... Right now is at the bottom of the channel so good time to buy and dollar cost average if possible.
Support has been holding at the 165-168 zone for 2 months give or take (every time it touches this area it bounces back)
top of the channel is $200 if that gets rejected... down we go again so do watch that level carefully!
This is a recently listed stock so theres not much data so keep that in mind if you are conservative !
Overall ABNB is good to hold long term, I personally will see how price action behaves at different resistances zones.
ABNB - Bullish Mornng StarSince peaking on 11 Feb this year, ABNB has been establishing a support zone between 162-170. Today it formed a mornng star pattern right in this support zone.
Expect an upswing next. Should trade goes our way, I would consider to scale out partially between 192-195 and ride the rest with trailing stops.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you. Feel free to give me your thoughts ! :)
