SamSuka
The Long Investor
The Long Investor

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$ABNB TOP 20

Very large pump and dump here yesterday and AH's and now the price is down -7.5% in the PM.

A pump like this beyond the 3.618 Fib is a red flag for me which is why I said to exercise caution in the chat group yesterday before earnings.

Price is already back down to the original Wave 5 target at the 2.618 Fib

Fib support levels are shown to reflect the ABC pull back levels

The 50 Day MA is at the 0.5 Fib now, so this is the area of interest for us and where I will be watching for a hold and I will re-enter again once I see support confirmation.

Rinse and repeat.

$ABNB TOP 20

Comments

That’s correct but I don’t believe it does

Gareth Neary

Glad I quitted before the ER finally ! Thanks 🙏

Luc

At my broker it shows that the price went up until 166 in the post market. Is that an error? If not, should that influence the retracement levels?

Lennart


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