$ABNB TOP 20
Added 2024-07-06 15:08:06 +0000 UTCI have added here a week ago as we got a break out above the 50 Day MA and a continuation at the start of the week, as the week ended we could see a small pull back and what we want to see here is a retest of the 50 Day MA from above to confirm that this is a new higher high support level, this will also give us a buy signal to add, as we lead into earnings.
This will only be my second buy in this cycle so I will likely add when support is found and then wait for any further buys until after their earnings report is out....we tend not to play the earnings game, we like to buy undervalued positions that are both technically and fundamentally aligned....earnings reports is that one variable nobody can control, so it is a game we don't like to play.
I continue to like this set up and the route back to the top trend line next at $180, as long as there are no surprises in their report.
