The Long Investor

$ABNB TOP 20

Added 2023-09-03 18:59:50 +0000 UTC

Big news dropped on Friday after hours that $ABNB will be added to the S&P 500 index on the 18th of Sept.

This is incredibly bullish news for $ABNB and from our chart, we can clearly see that this was in the right position to move to the upside...since it held at the trend line and the 0.618 Fib and bounced, this catalyst will almost certainly move this up Wave 3 now.

Ideally we'd like to see another Morgan Stanley attempt at trying to suppress this in the meantime, to keep the price down so we can load the boat but I have a feeling this is going to have a great week ahead.

Remember, just because you may lose 5% at the opening, does not mean it is not a buy, we have this going all the way to $210 by the end of the year, so being able to buy around $140 or below is a great area to buy still.

I will try and add more here during the week at any attempts of a pull back.