$ABNB reports after the close today and it too felt the selling pressure yesterday as the price dropped into the Buy Zone between the 0.5 Fib and 0.618 Fib levels at $125 - $115
Price has bounced out of this zone and up to $130 and up +4% today as we lead into earnings
A positive beat and Wave C could be complete now but the concern today will be the guidance, as many travel stocks who have reported already have issued concerns on Q3 earnings as consumer spending tightens up
No action from me before earnings.
heng ong huat
2024-08-07 08:29:54 +0000 UTCJake Rondie
2024-08-06 20:30:33 +0000 UTCGareth Neary
2024-08-06 20:09:09 +0000 UTCRyan
2024-08-06 20:08:00 +0000 UTC