$ABNB is a chart that should be studied by those who are eager to learn EWT.
It has consistently been very strict following counts and holding on support levels and finishing at resistance levels.
In August we saw a hold on the 0.618 Fib at $115, followed by consolidation and then a break higher after a double 0.618 Fib hold, Wave 3 tested and held at the 1.618 Fib, followed by a Wave 4 hold and bounce on the 0.38 Fib
I believe we are in Wave 5 now too which is why we added this week.
A move up to the 200 Day MA at $144 is the low risk move for me.
Mark
2024-10-06 10:01:17 +0000 UTC