I added the $ABNB chart on Friday to highlight the breakout level at $119
I have provisionally added in the green 1.618 Fib here too, like on the $AMD chart to show you where the price can bounce to if this breaks above the $119 level and holds.
We can also see that the 50 Day MA is moving down to the 1.618 Fib to at $127, making this a confluence level.
I do like $ABNB as everyone here knows, so holding above $119 is attractive to me to add.
Chris H
2024-09-14 12:57:37 +0000 UTC