$ABNB TOP 20
Added 2023-10-31 21:58:56 +0000 UTCEarnings tomorrow after the close and the price is at an important level right now, back above the yellow trend line and held support at the 0.78 Fib at $115.
I think holders would be more comfortable to see the price above the 200 Day MA at $124 tho, as this has been a key battle ground for many stocks right now.
So a lot will come down to this earnings tomorrow, a solid beat and this could get back above the 200 Day MA and when the market is ready, this can move higher......any surprises or big misses and this will unlikely hold above the trend line and come down to the blue line at $108 or worst case scenario, below $104 and the bulls will have lost the impulse wave for now.
I will add to $ABNB in the buy zone if the price gets here.
Comments
hi just clarifying, is the buy zone below the blue line 108.02? or is it below the red line 103.82?
KG
2023-11-01 06:31:08 +0000 UTC
