$ABNB TOP 20
Added 2024-05-05 17:09:00 +0000 UTCAn interesting position right now for $ABNB, it has consistently been making lower highs and lower lows but bulls have been able to defend the $155 line and keep recapturing this level whenever it is lost and it has been lost 3 times now.....which is one of the reasons why I sold my position.
That being said the bulls are certainly still fighting and just about finished above the 50 Day MA which is more than what the market could do.
As long as the $155 level is defended, chart remains as shown.
If $155 is lost, I still believe the 200 Day MA can offer support and it is somewhere I would consider adding again.
Overall, I like $ABNB long term but I wanted to build up my cash reserves and $ABNB was the highest risk and was sold to protect my capital.
