Oversold RSI, MACD slowly approaching trend reversal signal, the price currently testing resistance, and green bullish candles. Will we see the breaking of resistance in the near future?
Here's how I would trade ABNB 4H:
Enter a long position - if a valid break of current resistance occurs.
Take profit ideas:
TG1 - 189$
TG2 - 197$
TG3 - 203$
TG4 - 208$
TG5 - 216$
TG6 - 224$
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I keep it simple and clean!
Likes, comments, and follows are dearly appreciated.
Let me know what you think and which ones you would like for me to analyze next.
Trade safely!
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About Airbnb:
"Airbnb, Inc., together with its subsidiaries, operates a platform for stays and experiences to guests worldwide. The company's marketplace model connects hosts and guests online or through mobile devices to book spaces and experiences. It primarily offers private rooms and luxury villas. The company was formerly known as AirBed & Breakfast, Inc. and changed its name to Airbnb, Inc. in November 2010. Airbnb, Inc. was founded in 2007 and is headquartered in San Francisco, California."
Source: Yahoo Finance
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