The Long Investor

$ABNB TOP 20

Added 2023-10-15 16:37:56 +0000 UTC

$ABNB had an interesting week, it hit the 200 Day MA 3 times and then bounced from $122 to $132 and has since pulled back, it may test the 200 Day MA one more time at $123, another hold here and this is a clear buy signal again and I will not ignore this signal either.

Remember in May when $ABNB tested the 0.65 Fib at $104 6 times, it jumped from $104 to $155 and when we saw this solid support we went heavy into $ABNB then too and this turned out to be very lucrative for us.

If we get this same confirmation on the 200 Day MA, have conviction with your buys and so far it is showing the same behaviour.

The All Time High line is at $220, so we are considerably lower than that now on increasing revenue.