SamSuka
The Long Investor
The Long Investor

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$ABNB TOP 20

Right at its 200 Day MA now on the daily chart, bulls really need to flip this to support.....it will unlikely come today but holders won't be able to settle until this is confirmed.

$ABNB has battled well to stay above the yellow trend line and will need to get above $125.10 now.

I will add to my position once this can get above this level and hold, otherwise I am happy with my holdings here.

$ABNB TOP 20

Comments

Yep, so we don't use time to measure a hold, we use confirmation of a support, so a retest of the support line....or a breakout and the price makes higher highs and higher lows

Gareth Neary

When you say "I will add to my position once this can get above this level and hold" - I assume that means stay above this level, my question is how long does it need to "hold" for?

Damien O'Sullivan


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