$ABNB has not held the 50 Day MA so we are happy that getting out of $ABNB until it drops lower was the smart move for now.
The issue for $ABNB is that there is little support on offer until the trend line at $125, but holding support here and if the market pull back completes, this would be a suitable position to start or add, as the impulse structure is still in tact.
I am keen to start an $ABNB position again after banking 50% profits here, I believe the company will ultimately move higher after support is found.