SamSuka
The Long Investor
The Long Investor

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$ABNB TOP 20

I think $ABNB has shown relative strength for two reasons:

1. Airlines and $BKNG are pushing higher and higher and this will directly affect $ABNB, cheaper travel due to cheaper airline tickets will cause more stays.

2. $ABNB still has to report this season and this is due on Thursday after the close.

This could be the catalyst to drop down out of this rising wedge to the buy zone under $124

Bullish scenario is a test of the 200 Day MA next at $144.

$ABNB TOP 20

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