ABNB LONG
Entry 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.
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.
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