AAAIRBNB INC CEDEAR EACH 15 REP 1 COM
9.12USDD
−0.11−1.19%
At close at 19:03 GMT
USD
No trades
ABNBD trade ideas
$ABNB, Great Long Entry$ABNB is a hot name recently along with $SNOW, $DASH. I think we're seeing a good opp. to buy long or scalp some call options.
Entries are identified on the chart. We want to be patient with this name and see if we retest the GP or lower trendline, but need to be ready to take a start or use options to make up lost opportunity, if it starts pushing.
AIRBNB (ABNB) - The Future of Travel AccomodationsThis is the future of the travel accommodation industry with very little competition, I am very Bullish on this stock.
Its a company I have used many times and also have been a host. I believe this stock can deliver very fruitfully once the pandemic really starts to fade away
Also remember that Airbnb now offers tourism experiences, when travel kicks off again this will be a massive space for tourism.
I however expect some volatility over the first few months of trading from this stock, it could go as low as half the current price, however if you wait until clearer signs of the world recovering from the coronavirus to add this to your portfolio then you just might be too late.
AIRBNBAirbnb raised $ 3.4 billion during its IPO at the end of 2020. Airbnb is a technology company that has brought home sharing in over 100,000 cities around the world.
During the pandemic, tourism came to a standstill, and companies like Airbnb were hit hardest, as all business is tied to travelers.
Due to world events, market participants no longer believed in Airbnb's IPO this year, but the company was able to.
At the moment, the price is moving above the middle of the ascending channel. The target is the line of resistance.
Best regards EXCAVO
ABNB Continuation WaveABNB is on the last leg of its elliot wave pattern, looking for a continuation upward wave to the 200 mark. Stocks generally find whole numbers as support or resistance. 200 seems like a very clear top for ABNB to reach near term. Its made consecutive higer lows and higher highs, i believe there is one more push up.
Does this worth the risk?We have seen nice gains in this particular stock price.
I think we will have some continuation if the major market does not crash.
There is a high chance for a breakout above the upper resistance, which is the most important trendline since it's IPO.
It is a high-risk high play so use stop-loss!!
