$ABNB is due to report their earnings on the 7th of Nov.
We trimmed -20% this week after a clear rejection at the Wave 5 target at the 2.618 Fib at $136.
Price managed to recover some selling to end the week on Friday but I believe trimming -20% to add back between $123 - $120 makes a lot of sense here.....I think there is still going to be concerns with their earnings and I will be listening to what their guidance will be, in the last earnings they said Q3 would not be easy and expect progress afterwards, so this is what I need confirmed.
A pull back to below $123 and I will add again, likely doubling my position.