jaxdog

$ABNB Breaking Over 40 Week MA!

Long
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NASDAQ:ABNB   Airbnb, Inc.
I went long yesterday (5/31) afternoon just before the close as ABNB broke over the 40 WMA with a stop below the day low. I added again this morning on its follow through. ABNB may still be actionable if it fits your trading style. I will be looking to add to my existing position once it clears the 50 DMA.

See the notes on the chart for additional thoughts. Ideas, not investing / trading advice.

Thanks for looking. Constructive comments welcome.
Kommentar:
This is also holding up well after a hold rating and lower price target of $116 by Truist Securities today.

Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.

I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
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