ABNB swing/day trade ideaNASDAQ:ABNB Potential 3 bar play on the daily. Price holding demand zone... 3 target profits... locked in some profits along the way
Call 172.5 strike exp Oct 29
ABNB trade ideas
AIRBNB (ABNB) Trade UpdatesUpdate on AIRBNB investment made in August.
After my entry (at 144,71 see the previous post), a rather solid uptrend started.
We are now on a very important volumetric level; a small double bottom has also been created, so a slight pull-back in the short term could be physiological. It is important to see if the 200 moving average will hold, given that the company's listing is a recent thing, the second support to keep in mind is the trendline I have drawn.
The most important thing to point out is the relative strength of the company; in a difficult period for the general markets, ABNB only rose in the months of September and October. This is an important signal of strength, as is the awareness that the world is slowly starting up again and so is Airbnb, closely linked to tourism.
Let's remember that from March 2021 to May 2021 the stock had lost 40%! An enormity, clearly due to external events (COVID and tourism paralysis) rather than to company problems, which, on the contrary, has solid foundations.
I remind you that mine is a long-term investment perspective with gradual accumulation with each pullback, for those interested in pure trading, the targets for a take profit in my opinion are:
- $ 180
- $ 190 important volumetric level where the institutions have started to push the price down
- $ 215 very close to an all-time high, an area where I will take home part of the profits.
Pay attention to the earnings at the beginning of December.
Happy trading
Lazy Bull
DISCLAIMER: I am not a financial advisor nor a CPA. These posts, videos, and any other contents are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
ABNB Bullflag?At the trendline of a bull flag
if market cooperates today, we might see a break, otherwise this can go low to retest the bottom of the flag
Either way i am watching this (favoring upside)
Airbnb Long Airbnb looks like it is in a nice uptrend. It's getting close to a major resistance that could become support for it.
ABNB: Double bottom base target at 177The stock reached the 177 target measured from the double bottom base (130-153). This is also the 50% retracement of the 220 to 130 downswing. The stock could potentially consolidate before resuming the upswing.
AirBNB - ABNB - Still in uptrend!AirBNB - ABNB - Still in uptrend! There is not much price action history but ABNB is moving smoothly based on the trend lines. Edutainment Purposes Only!
ABNB: RECOVERY PLAY, ICHIMOKU ANALYSISABNB :
Another reopening play, people looking to travel again.
Ichimoku analysis on daily:
The price is currently blocked by the cloud. Pressure is building to reintegrate the cloud.
The lagging span (green line) has broken the Tenkan (blue line) and is heading for a test of the Kinjun (dark red line), the flat zone of the Kinjun is our 1st target/resistance at 156 (providing the price can reintegrate the cloud).
This is what I'm playing now with a long trade.
The next step will be for the price to reach the top of the clouds (and maybe break out of it) and the lagging span to break the Kinjun, confirming the change of trend.
Note how Ichimoku is precise, all flat zones (of clouds and Laggin span) represent former supports and resistances (the 4 targets on the chart).
On a separate note you can see a sort of ascending triangle on the daily chart.
Trade safe!
More on Ichimoku (by Investopedia):
The Ichimoku Cloud is a collection of technical indicators that show support and resistance levels, as well as momentum and trend direction. It does this by taking multiple averages and plotting them on a chart. It also uses these figures to compute a “cloud” that attempts to forecast where the price may find support or resistance in the future.
Key takeaways:
The Ichimoku Cloud is composed of five lines or calculations, two of which comprise a cloud where the difference between the two lines is shaded in.
The lines include a nine-period average, a 26-period average, an average of those two averages, a 52-period average, and a lagging closing price line.
The cloud is a key part of the indicator. When the price is below the cloud, the trend is down. When the price is above the cloud, the trend is up.
The above trend signals are strengthened if the cloud is moving in the same direction as the price. For example, during an uptrend, the top of the cloud is moving up, or during a downtrend, the bottom of the cloud is moving down.
AIRBNB INC Scheme IAirbnb looks like it's in a strong uptrend condition. However, I wouldn't necessarily buy $ABNB right now. Seeking the next best prices for accumulation. Just waiting for the price reaction at dashed lines. Needed more candle market data to form of specific signaling patterns at the critical levels to clear up its actual path.
Time Fib based on big cycle (0; 1)
For support and resistance look for fib sequence levels.
AIRBNB LONG POSITIONI think the moving average line will point to an increase and then go up after a slight adjustment
As an additional part, it is worth looking forward to the benefits of the US With Corona policy
ABNB breaking out of consolidationABNB might be starting to break out of consolidation. We can buy on the pullback have 2 potential targets to trim / sell covered calls at.
OutbreakWe have succeeded Friday's high and have just made the due correction downwards. The rise may continue now.
Update to ABNB Trade Setup: Weekly CollarUpdate to ABNB Trade Setup:
This trade popped nicely today after several days of consolidation. I am expecting a small pullback sometime this week and so set up the following weekly collar:
10 SEP 21 $170/$157.50 for $0.35 credit:
Sold to Open the 10 SEP 21 $170 Call
Bought to Open the 10 SEP 21 $157.50 Put
Next week if the trade closes between that collar I will bump it up again. If it closes below the put strike I lock in a small win and if it closes above the call strike I lock in 1.69 R (1.69 x my initial risk).
For details on the original trade setup:
AIRBNB - Long Idea- Airbnb has formed a decent base to work off and im expecting a move up to test the recent highs
- Stoploss & Target on the chart
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
Bullish with next resistance around $169Airbnb announced good earnings report recently plus from the chart perspective, we eying at $169 for our first resistance.
Break below $130 will negate this bullish and turn bearish.
ABNB Trade SetupABNB is bouncing off of the 10 EMA and 100 SMA nicely with long wicks (semi-highwave candle). Just had a double bottom after some ranging consolidation and breaking the upper trendline. ABNB appears ready to break higher. Watch out for resistance levels around 164 and 172. These would be great spots to consider setting up weekly collars if we get there.
I will be doing 50% of my trade with the Aggressive Stop and 50% with the safer stop.
Disclaimers: I am bullish long-term on ABNB so any chance I have to trade it long I will. While this is a trade I will be placing myself I am in no way advising you to copy my setup. You must make your own decisions as you will bear the risks associated with any trades you place. To sum it up, trading is risky and do so at your own risk.
ABNB Retest/RemountABNB has now retested its prior support that it broke out from at the 152 level. It has now retested and remounted back above that 152 support level, looking to make a bullish move back up to its most recent high to 162 range.
$ABNB Pullback to Breakout SupportI did pick up few $ABNB @ $153.70 - That big volume breakout on the head and shoulders bottom is worth the risk.
