Yesterday I spoke about $ABNB pulling back and found support on top of the bull flag, at the 200 and 50 Day MA, we said how we like to see this and it is usually a bullish sign.....today we got that nice bounce from it.
$ABNB is textbook now and I want to see this continue.
I can see 5 Subwaves up now since hitting $104, a healthy ABC count is expected very soon and we can see that if the top today was the start of the ABC count, the 0.618 conveniently hits the top of the bull flag again....this is ideal for us and i'll be looking to add here again if it finds support.
This is how I like to invest, confirmation of support levels and when Wave 2 and Wave 4 complete.
Kristof Van Nevel
2023-06-09 17:22:54 +0000 UTC