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.
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.Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.