$ABNB TOP20
Added 2024-02-14 12:05:49 +0000 UTCPump and dump after the earnings report was released after the close yesterday, going from +10% to -4% .
Wedbush has just released their PT in the last 10 minutes:
'Wedbush Raises Airbnb's PT to $160 From $150 After 'Strong' Q4 2023 Results, Keeps Neutral Rating'
The PM price is still down -4% now but holding at the 0.5 Fib and above the 50 Day MA, so there is no break down in the impulse structure right now.
The green line at $155 remains the important level to break above and hold, a retest to the 50 Day MA or the 0.618 Fib is still likely today but a break lower than this and the structure is looking weak then.
Overall, this is a very bullish formation, so there will need to be a strong showing from the bears to change this set up.
