Bulls will like that the price has held above the 0.618 Fib this week above $115 at $122, after bouncing on the 0.78 Fib at $100 at the start of the month.
The Travel sector is under pressure now, especially in the US and many US carriers have shared their concerns with bookings.
$ABNB can absorb this concern as long as travel is still active outside of the US.
For me here, I need to see more of an impulse wave forming before I jump in again, we have a higher low but no higher high yet and still some margin below the 200 WMA....right now I believe there are better low risk positions to add instead....EG. $PYPL.