$ABNB is one of the first stocks to test the 200 Day MA that we have been watching from the large and mega caps.
It is also just above the trend line that has been in place all year and the trend line we used to add again at in June to ride this up to $150 before selling.
This could not be in a better position to benefit from a reversal in the market than right now.
Tomorrow could be interesting for the market.
Frederik Dalgaard
2023-10-05 20:27:16 +0000 UTCKristof Van Nevel
2023-10-05 17:26:29 +0000 UTC