ABNB trade ideas
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!
AIRBNB Buy USD 145Buy airbnb if the trend line break and retest USD 145 for second time before it rise up.
I am quite bullish on Airbnb, considering the potential profit that it could make if the company turn profitable.
It is still unsure if the company is able to turnaround, but the probability is on our side as the company has 3billion cash on hand sufficient for few years financial needs.
Airbnb is nearly worth $100 billion. Wow.The market is in full bull market mode. There's a lot to suggest this, including the amount of money SPACs have made. Multiple expansion is also a major talking point and I will get to that further on in this post. But one thing is also very, very true. And that is the rise of stocks, like Airbnb, that are signaling market moments rarely seen in history.
Airbnb's market cap is nearing $100 billion.
Airbnb's CEO recently was on Bloomberg essentially saying how speechless he was at the valuation of Airbnb, especially when you consider he had a debt financing round at the start of the crisis at a *much* lower valuation.
The money is flowing.
The bull market is back.
Asset light companies are rising.
Platform stocks are booming.
Airbnb is a fantastic company. But even I am baffled at the $100 billion valuation. Especially on about $4 billion in revenue. This should make any investor or trader think.
For me, it means one thing: how much higher can we realistically go? There are tech companies currently trading at 50x sales and 100x earnings. The multiple expansion is remarkable. And so far there's no sign of it slowing down. Deep down, however, I think we all know there is a point, and there always is, where the return of your money becomes more important than the return on your money.
I have no position in Airbnb, but am using it as a barometer for the market! Have a great week everyone and thanks for reading.
TL;DR Airbnb at $100 billion is a remarkable thing. What does it say about market sentiment in general?
AirBNB under resistance and unfavorable patternThis rising wedge and the strong resistance is the perfect mix for a short.
