$ABNB TOP 20
Added 2023-09-19 18:35:53 +0000 UTCAnother stock that we said we were watching closely on Sunday for a further pull back and so far we are getting that, even if it has been slow. The 50 Day MA is at $139 and just stopped short of that level today.
Stopping here and bouncing means that this is Subwave 4, (as Subwave 4 typically goes to the 0.38 Fib) and not in an ABC correction yet, we want to add when this pulls back to between the 0.5 - 0.618 Fib which is typical for Wave 2.
So we want to see this at least pull back to the $137 - $133 level before buying.
