$ABNB TOP 20
Added 2023-04-29 21:45:56 +0000 UTCWe are still working our way through this structure, likely bringing us to the earnings report which is due on Tues the 9th. Bull flag forming here, which can still bring us down to the 0.618 Fib, bear case and buy zone if it rejects at the top trend line. If it breaks above the 50 Day MA and the yellow trend line, this is looking very positive.
So What Now?
Previous earnings were very good and surprised a lot of people, it moved very well with it and I think a lot feared we had missed an opportunity to buy this at a good price, it has moved down since then and it is in a good position now if it can break above this bull flag, it would also be a lot more attractive if it enters the buy zone too.
Let's see how it moves leading up to the earnings report.
