$ABNB did not escape the slippery market this week and managed to dip below its 200 Day MA and even the yellow trend line but managed to finish the week back above the trend line with Fridays relief.
Any stock below its 200 Day MA is showing weakness for me but also presents an opportunity but we need to see a support level confirmed first.
$ABNB has still yet to test its 0.618 Fib either at $135.
$ABNB reports the following week so it may not get a lot of attention this week, a recovery in airline stocks and travel stocks will draw attention here tho.
For now, I only have one buy in for $ABNB so I have plenty more buys to use to take advantage of this pull back but I need to see more strength first from here and the market.