$ABNB TOP 20
Added 2024-06-30 17:15:52 +0000 UTCWe started a position back in $ABNB this week after a break out above the 50 Day MA, after patiently waiting since the middle of May for support confirmation above the 200 Day MA and the $145 support level, we then waited for a series of higher highs and lows and then bought after the price broke out......we were prepared to give up +5% in order to confirm support and see bulls re-enter here again.
I would happily do this on every one of my new entries, instead of guessing that a support will hold or the retest of a breakout will hold.
The risks are now lower.
So now we are looking for the 50 Day MA to become the higher support level, if this is confirmed, we will add again.
