$ABNB TOP 20
Added 2023-10-29 19:22:54 +0000 UTCI am a fan of $ABNB and I like it as a long term hold but I do see the concerns here on the chart, it is below the 200 Day MA and it did get a green wick up to test the 200 Day MA from below and it got rejected.
The price is also moving down the Fib levels now, desperately looking for support.
Final Fib support line is at $109. Below the blue line at $108 and we are into danger territory and the impulse wave could invalidate at any stage once it goes below $104.
Earnings are also this week too on Weds, the 1st of November, so lets see if we can get a bright start to the month here.
My plan will be to add in the buy zone if the price goes below $104, otherwise I will be waiting.
