$ABNB TOP 20 UPDATE
Added 2023-07-11 15:57:09 +0000 UTCA lot of us who have been in this group loaded up in May when this was in the Buy zone and we started buying at $104.
We expected the price to run up to the yellow trend line and break out, it has done that now and holding above the trend line.
We can see that it is slightly consolidating in this bull flag, with an ascending wedge formed inside this now.....this is two bullish indications, on top of the yellow trend line.
The price is also above the 50 and 200 Day MA, where we can see that the 50 Day MA has been a support line.
There is a lot to be bullish about here but it hasn't taken off yet, I think a break above $134 and it holds, this is going higher and a lot higher.
What we do not want to see is the price action breaking down back below the yellow trend line yet.
Comments
Thank you for the kind words Adam!
Gareth Neary
2023-07-11 17:22:39 +0000 UTCNew subscriber and just wanted to say you are doing a phenomenal job! Keep it up
Adam L
2023-07-11 17:01:40 +0000 UTC
