$DAL was one of the first large earnings reports out this week and they guided down for their next quarter which had an impact on the travel sector, $ABNB also pulled back with the market on Thursday after the CPI print too and came back to test its 200 Day MA again, after losing the 50 Day MA and rejecting at the yellow trend line.
We need to see a higher low in here to show us that this can move higher as shown, so support will need to come and hold above $141.
Earnings are expected at the end of this month but no date has been confirmed yet, the sooner this is announced the better.
I have one buy in for $ABNB now but will only add again once the yellow trend line at $155 is converted to a support level.
Karnick
2024-07-15 20:14:37 +0000 UTCGareth Neary
2024-07-15 19:39:09 +0000 UTCKarnick
2024-07-15 19:28:28 +0000 UTCTreyy896
2024-07-13 22:40:35 +0000 UTC