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Airbnb, Inc.
Long
Updated

$ABNB Breaking Over 40 Week MA!

167
I went long yesterday (5/31) afternoon just before the close as ABNB broke over the 40 WMA with a stop below the day low. I added again this morning on its follow through. ABNB may still be actionable if it fits your trading style. I will be looking to add to my existing position once it clears the 50 DMA.

See the notes on the chart for additional thoughts. Ideas, not investing / trading advice.

Thanks for looking. Constructive comments welcome.
Note
This is also holding up well after a hold rating and lower price target of $116 by Truist Securities today.

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