$ABNB is not a Mega Cap and that is why it has also benefited from the rotation this week.
We got out our bull flag breakout on Friday and the stock jumped almost 7%, this was excellent to see and has followed out projection very well.
Once the price action held the trend line at $114, we wanted to see a break above the 200 Day MA at $125, we got that and then we expected a the bull flag breakout, this could not have gone any better.
Lets see how high Subwave 5 goes but I have provisionally added in white fib levels in case there is a pull back from early next week.
I am happy to see this push higher.
In total, I am up over 60% in $ABNB for 2023, with relative low risk, due to how structured the chart has been.
Gareth Neary
2023-12-03 19:56:46 +0000 UTCVittorio
2023-12-03 19:45:47 +0000 UTC