$ABNB has its earnings this week and the concern we had leading into this report was their guidance for Q3 and it did report a lower guidance and the share price sank.
Right down to the 0.618 Fib at $115, which it is holding at now but it is struggling a bit.
Losing this level and the next test is at the 0.78 Fib at the convenient round number of $100.
A break down to $100 and I will add and hold for 3-5 years and just forget about this.
Phil Smith
2024-08-11 21:40:38 +0000 UTC