SamSuka
The Long Investor
The Long Investor

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$ABNB TOP 20 UPDATE

Showing some weakness now leading up to earnings, which are due after the close today.

I have taken some profits here when $144 could not be held at the yellow line, which was the previous high in Feb, there was a small retest of the yellow line yesterday and the price failed to stay above it.

We can see that the 200 Day MA has come right up to the price action today and offered support.

I will reassess when earnings come out and see how this is looking, price needs to stay above $144 for me. Otherwise I am happy to take 40% profits.

$ABNB TOP 20 UPDATE

Comments

Nice gains!

Gareth Neary

Long term I will remain bullish

Kristof Van Nevel

Mightn't the 200dma provide support? How many subwaves have we had?

Steve Cullip

Just excited my abnb position today as well. Locking in 35%. Luv u!

Whale Watch

On the last conference call they said not to expect much in Q2 so selling half isn't a bad idea. Thanks for letting me know about that 144

Kristof Van Nevel

Was up over 300% on options. Up around 70% now prior to earnings. Thought about selling but I'm going to diamond hands this position

Partheev

No man ever went poor by banking these level of profits.

Gareth Neary

Losing $144 was a trigger for me, we wanted to see that hold. I will have no issue buying back in above this level.....for now, I'm banking profits

Gareth Neary

Think about selling half

Kristof Van Nevel

Slight hesitation to do the same. Is currently my largest position.

Kristof Van Nevel

I also closed my position yesterday morning in $ABNB….I’ll take 150% return all day. Still holding $BABA, which, is up 124% at the moment. Thank You!!

RandumbInvestor


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