$ABNB TOP 20
Added 2024-08-17 15:04:03 +0000 UTCLet me start by saying: I am bullish $ABNB for Long Term.
I have a position (1 Buy) and do want to add to my position
That being said, I am being very calculated with my buys right now and not rushing anything
So the adds I have made this week have been more than enough.
$ABNB I would still like to see more strength because we know Q3 is going to be weak for them.
Once we see the 0.618 Fib as a formidable support level, we can start adding more buys.
The 1.618 Fib is at $254, so there is significant upside available here over the next 18 months
Comments
Technical Analysis is the reason companies that are near bankruptcy or declared bankruptcy get those 400%+ rallies out of nowhere over a span of 5 days, and how companies that have never been profitable (think SolarEdge) were at one point trading at $300+ and something ridiculous like 20 P/S; they are now 90% or more below ATH. The charts don't lie, our goal is to make profit. :)
Tyrhanosis
2024-08-25 08:11:16 +0000 UTCMy experience, I’ve always found tremendous value in renting airbnbs (and similar from booking.com). For myself, for work and for my family. I’ve used them way more than hotels. I also own a flat that I rent via abnb, it’s managed by a friend who runs a business renting places of all sizes (including mansions) on abnb. It’s way more lucrative than a traditional rental.
Nick E
2024-08-17 19:57:24 +0000 UTCI’m curious how TA works if the business plan isn’t good or there is a decline . For me personally, I do not like AirBNBs and never plan to use them . I rather have hotels . I’m just curious as you like the stock as you like the business model and use it. Like I wasn’t surprised on the drop, a lot of folks bought STR to do air BNB and those are on the market and not rented out. So I’m just trying to understand your story and belief in this one
AL
2024-08-17 16:18:06 +0000 UTC
